Little Rock Hardly a month ago I shared the disgust at the way lenders were ripping off young people facing difficulties handling their student loans who were then saddled with collection fees, exorbitant interest rates, and escalating debits many times larger than the original loans. An article in the Times today by John …
Month: April 2010
NYC Bureaucrats Administer Citizen Wealth Setback
New Orleans New York City announced that it was ending its experimental program called Opportunity NYC Family Rewards that had offered cash incentives for achieving modified behavior from poor families. From the article it seems that the failure of the City of New York to modify its behavior was the real story here, rather than …