As college tuition skyrockets, more and more students are taking out loans and sinking further into debt. Rep. Joe Courtney (D-CT) discusses new legislation that would lock in interest rates on Stafford student loans, and why it’s important to stop the rising costs now.
A new PEW research poll reveals that 40% of Americans acknowledge it is our young people who are bearing the brunt of our economic failings. They are, after all, going to be around the longest to deal with the wake of the collapse. Is the promise of higher education being served in a just way to our floundering generation of young people?
Imagine a product so irresistible that most Americans thought they couldn’t live without it. Every President talked of its importance, and it was perceived of as the key to you or your child’s future. There was a limited supply, and prices kept going up. The best business to be in would be lending to people so they can buy it.
Our political system is being sold at auction. Legislative policy and regulation is being catered to the highest bidder, and we are witnessing the greatest exodus of wealth and production from our shores in the history of the United States. In short, we are a nation being controlled by Greedy Bastards. But what is a Greedy Bastard?