Sallie Mae Publicly Shamed For Harassing A Dead Law Student's Family

Thanks to heavily lobbied-for changes to laws governing debt collection, student loans don't vanish after the loan holders declare bankruptcy. Nor do they vanish when the loan holder dies. Some loan companies have policies in place that erase student debt accrued by a deceased person; others do not. And the ones that… » 1/16/14 6:30pm 1/16/14 6:30pm

Student Loan Interest Rates Aren't Going to Double, After All

Congress managed to get its act together enough today to pass a bill that will prevent interest rates on new student loans from doubling on Sunday. The fact that you're happy about this announcement, that Congress managed to successfully do a thing, is a testament to how few things Congress usually does. Hooray! Bare… » 6/29/12 4:40pm 6/29/12 4:40pm

John Boehner Hints That Obama Is a Loser, Then Says He's Just Trying to…

John Boehner went on State of the Union today and proved in his interview with Candy Crowley that he's fast becoming Public Frenemy Number One. He both insulted President Obama and tried to claim he's just giving his pal some constructive criticism. The most subtle jab he delivered came during a discussion of Mitt… » 4/29/12 8:00pm 4/29/12 8:00pm

Republicans Continue 'Imaginary' War on Women by Trying to Cut Funding…

Earlier today, President Obama threatened to veto a law that would have kept student loan interest rates low because Congressional Republicans had funded it with money earmarked for a mostly woman-focused preventative health care program. When faced with accusations that this was yet another way that conservatives… » 4/27/12 7:00pm 4/27/12 7:00pm

Mitt Romney Inadvertently Endorses Girls By Encouraging Young People to…

I must admit that after Mitt Romney's victory lap speech on Tuesday night, I was impressed with the guy. Even though it was mostly substanceless political niceties balanced with a hearty dose of empty thought calories, Romney didn't appear robotic and distant. He even managed to muster some passion. But gaffe-free… » 4/27/12 6:30pm 4/27/12 6:30pm

Depressing Visualization Of The Increase Student Loan Debt Over 20 Years

Economic times are tough right now, I think we can all recognize this. But something that really gets by britches in a knot is how infrequently the political talking heads discuss the exponential increase in student loan debt among young Americans. This chart is proof as good as any to those who don't "believe" that… » 12/13/11 3:20pm 12/13/11 3:20pm