Mexico City World news reports on CNN from Mexico City are featuring huge rallies in Chile once again as students push back over increases in costs and other curtailments. In Quebec several schools have been closed down now in the 12th week of student strikes over the same issues and the provincial government has also …
Tag: student loans
Chinese Banks, Student Loans, Foreclosures, and Political Impasse
New Orleans Are you kidding me? The Chinese Premier Wen Jiabao called for breaking up the banks because they are making too much money and charging too much interest. It turned out he was actually calling for breaking up banks in China, rather than elsewhere, but how refreshing to have a head of state calling …
Predatory Student Loan Travesty
New Orleans Ok, one hand is clapping. There was some progress on student loans under the Obama Administration. The huge billion dollar scam that was subsidizing banks was kyboshed and federal loans were taken away from the private sector. Furthermore, President Obama won some limits on payments and implemented some forgiveness programs, especially for public …