Amid Rocky Markets, the Need for Spending Restraint Is Clear
The volatility in the stock market in recent days offers a clue to the dangerous power of the Federal Reserve, and further underscores the need to get government spending under…
Obama’s Student Loan Plan Mirrors the Housing Crisis
As I wrote some time ago, the market for student loans is a mess that is rapidly heading for a painful correction. The Obama administration’s misguided quest to provide…
Bipartisan Student Loan Agreement Sells Out Students
Here it comes again, the “great sell out” of American students. The Senate has arrived, once again, to “save” college students by extending artificially cheap interest rates to them. …
Doubling of Student Loan Interest Rates Not What It Appears
After Congress failed to reach a compromise before the July 4th recess, student loans subsidized through the Federal Direct Stafford Loans program will see interest rates double from 3.4% to…