The entire lending system may vanish into illegitimacy.
—On January 11th, the Brookings Institution issued a report finding that the default rate for undergraduate, federal student loan borrowers nationwide will be about 38% by 2023, indicating a true, lifetime default rate of about 40% This is far, far higher than any lifetime default rate publicly acknowledged for federal student loan borrowers previously. Many…
Our government has apparently found a way to get blood from a stone.
For-profit colleges are not to blame.
27 million of the 44 million borrowers—voters— in the country are unable to make payments on their student loans.
The student loan system has crossed the threshold of stability.
The U.S. government has been profiting tremendously on the student loan program. Meanwhile, the students and their families suffer. Alan Collinge explains.
There exists a critical mechanism for ensuring fair lending, rational pricing, and good faith in a lending relationship.
Student loan debt has skyrocketed past credit card debt, yet Trump is silent on student loans.
It’s all about making money. Big money.
Thom Hartmann interviews Alan Collinge of Student Loan Justice
The student loan system has become a big-government, predatory beast.
There are no bankruptcy protections for the vast majority of student borrowers.
StudentLoanJustice.org Founder Alan Collinge says Bard College President Leon Botstein’s solution deserves ‘serious consideration.’
Think student loans are worth the price? Alan Collinge, from Student Loan Justice, tells men how wrong that assumption really is.