About 40 million people owe over one trillion dollars in student loans. Bill Gross, the most successful bond manager ever, and the founder of PIMCO (the largest bond management company in the world), gave this explanation: “…Universities are run for the benefit of the adult establishment, both politically and financially, not students. To radically change the […]
Oregon College Funding Plan May Have Potential
July 3, 2013 by
Instead of paying tuition, students will pay into a fund after graduation. The plan is reported in today’s Wall Street Journa. http://online.wsj.com/article/SB10001424127887324251504578582101593420808.html?mod=ITP_pageone_1#articleTabs%3Dcomments As I wrote in a comment, it has the potential for improving education. “If everything goes right, this could be a move in the direction of holding schools accountable to both individuals and […]
New Comment On NY Times
June 28, 2013 by
Comments on The Atlantic Site Containing References
April 23, 2013 by
The Atlantic Monthly wrote a piece which I believe misses important details, and, thus, issues, about student debt. I wrote a comment. I then replied to someone else. If you read my blog, you probably won’t find my comment so new, but if you look at my reply, you will see references to some very good […]
Addendum to Previous Post: Social Security Garnished for Some Scammed Graduate Students
April 21, 2013 by
Here is the link to that post: on Social Security Garnished for Some Scammed Graduate Students The Chronicle of Higher Education article (referenced in the post on Social Security Garnished for Some Scammed Graduate Students) mentions several people, one of whom is Joan Roberts. I mention her in my post and she has a comment […]
“How Colleges Are Selling Out the Poor to Court the Rich” by Jordan Weissmann in The Atlantic
The study Jordan referrs to is interesting. It can be found at http://newamerica.net/sites/newamerica.net/files/policydocs/Merit_Aid%20Final.pdf The link to Jordan’s article is http://www.theatlantic.com/business/archive/2013/05/how-colleges-are-selling-out-the-poor-to-court-the-rich/275725/ Here is a copy of my comment, a response to it, and my reply: (If you are a regular reader of this blog, there is not much new here, but the study (referred to above) […]