Entries Tagged as 'student loans'

Shutting off street lamps and defaulting on student loans

December 14th, 2009 35 Comments

Stacy Summary:  Update on the Greatest Depression.

Student loan defaults:  One in five borrowers who attend for-profit college default within three years

Cities shut off street lamps to save money

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More massive losses at taxpayer owned Northern Rock now in breach of regulatory requirements

July 2nd, 2009 3 Comments

Stacy Summary: Wonder if Tesco still interested in buying the Northern Rock turkey?  The other thing about these headlines is that the state of the UK economy and infrastructure are in a bigger state of disaster than the US and most of my friends in UK have far more debt and lower income than my [...]

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Headlines, Headlines, Headlines – 21 April 2009

April 21st, 2009 11 Comments

Stacy Summary:  The British Chancellor of the Exchequer hands out billions in taxpayer money to private corporations to ‘correct market prices.’  And Obama proposes to lend magical money to the IMF, the money apparently appears on no balance sheet. And while the IMF seeks to use the crisis to place more emerging economies into inescapable [...]

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