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Department of Education Default Rate Numbers a Work of Fiction

During the First World War, it is said, the British military kept three sets of casualty figures: one set to deceive the public, a second set to deceive the War Ministry, and a third set to deceive itself. Over the years, the Department of Education has released its annual 3-year student-loan default rate in the … Read more

One of Every Four Student Loans is in Default. National Economic Crisis Boiling.

For many, many years now I’ve been the chicken little saying the sky is falling when it comes to student loan debt. Ever since the bankruptcy code was changed to prohibit the discharge of student loan debt, both government and private student loans, a national crisis has been building pressure. Student loans are looked at … Read more