-
Dave Ramsey Says Student Loans Create Lifetime Of Money Stress: 'Having A Serious Negative Impact On The Future Of Our Country'
Tuesday, April 16, 2024 - 3:24am | 619Read More...Financial expert Dave Ramsey recently expressed his concerns about the long-term stress and regret associated with student loans, highlighting the need for alternative educational funding methods. What Happened: In a post on X, formerly Twitter, on Monday, Ramsey outlined the negative impacts of...
-
Veteran Trader Peter Brandt Has An Alternative Student Debt Plan As Biden's Plans Come Under Scrutiny
Thursday, July 20, 2023 - 12:25am | 560Read More...Peter Brandt, a prominent trader and author, on Wednesday, proposed a radical idea for student debt forgiveness, suggesting that colleges and universities should bear a significant portion of the burden. What Happened: Brandt, in a tweet, argued that institutions of higher education should be...
-
Joe Biden's 'On-Ramp' Student Loan Plan Might Ramp Up Borrowers Woes, Experts Warn Of 'Real Danger'
Monday, July 10, 2023 - 11:54pm | 630Read More...On Monday, a new student loan repayment plan proposed by President Joe Biden came under scrutiny due to the potential for accruing interest, which could add thousands of dollars to the debt of millions of Americans. What Happened: As part of Biden’s backup relief proposal, the administration...
-
Smart Money Moves: How To Avoid Financial Missteps When Sending Children Off To College
Sunday, July 9, 2023 - 10:39pm | 460Read More...Sending children to college can be a significant financial burden for parents, often made worse by small oversights that can add up to substantial costs. The Wall Street Journal reports. Underestimating Out-of-Pocket Expenses Parents often underestimate the costs related to food, transportation,...
-
Government Financing Of Higher Education Leaves Millions Of Americans Worse Off
Wednesday, June 8, 2016 - 10:18am | 394Read More...A large part of the government’s investment in higher education over the past 15 years may have done more harm than good. According to a new report by the Wall Street Journal’s Josh Mitchell, many Americans who have taken advantage of government-financed grants, low-interest loans and...
-
New American Revolution or New American Civil War?
Wednesday, December 7, 2011 - 11:44am | 2995Read More...Marketwatch's Paul B. Farrell wrote a very interesting story Tuesday entitled "Super Rich vs. 99%: Class war will explode" regarding Occupy Wall Street, the evolution of class warfare, and the conservative response to the Occupy Wall Street movement. Farrell: "Forget politics. The 99%, the Occupy...
-
The Value of Useless Education
Friday, December 2, 2011 - 1:17pm | 825Read More...By Dr. Marcus Goncalves Herbert Spencer, a prescient philosopher of the 1800s, posed the question, "What type of education is of most value?" Educators and parents alike still wrestle with that elusive question today. The goals of education tend to fluctuate with time. During the earlier part of...
-
Obama's Student Loans Plan: Fair or Fraudulent?
Thursday, October 27, 2011 - 4:56pm | 1507Read More...In the aftermath of Pres. Obama's announcement regarding new measures to ease the burden of debt for strudents struggling to pay back their college loans, critics are beginning to circle. According to CBS News, where the original plan would allow borrowers to reduce their monthly payments from...
-
The Higher Ed Bubble, and the Coming Student Loan Crackup
Friday, September 30, 2011 - 8:56am | 516Read More...The Wall Street Journal on yet another Obama administration-sponsored mess — student loans: Washington's Quietest Disaster Student loan defaults are growing, and the worst is still to come. When critics warned about rising defaults on government-backed student loans two years ago, the question was...
-
The Atlantic: The Value of College is (A) Growing, (B) Flat, (C) Falling, (D) All of the Above
Wednesday, September 28, 2011 - 12:02pm | 456Read More...The debate on college costs versus return on value was an early topic here on FMMF, but has hit the mainstream the past two years. The Atlantic has a big series of graphs showing arguments on both sides - I think one caption probably described the situation best: college works less like an...
-
The Ultimate Problem With A Higher Ed Bubble
Monday, August 1, 2011 - 12:03pm | 1238Read More...There has been a lot of talk recently regarding a possible bubble in higher education. With increasing tuition costs for students and a dire job market after graduation, more are beginning to ask whether getting a college education is really worth it. Given the prevalent use of student loans to...
