Student Debt

By Steve Sack, The Minneapolis Star Tribune, Cagle Cartoons May 21, 2016 Dig deeper

Great Recession Continues to Loom Over 2016 Graduates, Even as Corporate Profits Rise

Staff / Truthdig May 15, 2016 The New York Times editorial board released a depressing report recently on the bleak job prospects faced by high school students graduating this year, a situation it traces to consistent political failures in recent times. Dig deeper ( 2 Min. Read )

The Graduate

Mike Luckovich / Truthdig May 13, 2016 Dig deeper

Millennials Are Paying for ‘the Western World’s Most Stunning Accounting Disaster to Date’

Natasha Hakimi Zapata / Truthdig Mar 7, 2016 A staggering Guardian investigation reveals how, far from being “the most indulged young people in the history of the world," Westerners born in the 1980s and mid-1990s have been betrayed by previous generations that have left them in debt, jobless and locked out of property markets. Dig deeper ( 2 Min. Read )

Higher Education: Capitalism at Its Most Despicable

By Paul Buchheit / Common Dreams Oct 26, 2015 Ranking capitalist ignominy is a daunting task with Big Pharma and high finance in the running, but higher education's betrayal of a long-standing trust with young Americans puts it near the top of the list. Dig deeper ( 3 Min. Read )

What Can Be Done Right Now to Fix the Legal System for Debt Collection

Staff / Truthdig Oct 11, 2015 America’s out-of-date, unfair laws for collecting debts could be dramatically improved through these simple steps. Dig deeper ( 2 Min. Read )

Risk of Global Financial Crash Has Increased, IMF Warns

Staff / Truthdig Oct 8, 2015 The International Monetary Fund says a slowdown of the Chinese economy and a decline in world trade are undermining the stability of highly indebted emerging economies. Dig deeper ( 1 Min. Read )

VIDEO: Why Student Loan Debt Isn’t Just a Problem for Millennials

Staff / Truthdig Oct 7, 2015 America's student loan debt is now over $1.2 trillion. But it’s not just hurting millennials. One-third of that debt belongs to people in their 40s. Dig deeper ( 1 Min. Read )

Bubbles Always Burst: The Education of an Economist

By Michael Hudson, CounterPunch Sep 30, 2015 To learn about the topics that interested me most as a young economist, I had to leave university and go to work for banks. Dig deeper ( 16 Min. Read )

KPFK’s death by democracy

Sonali Kolhatkar / Truthdig Sep 24, 2015 Continuous turnover of upper management over the last decade, coupled with nonexistent long-term financial planning, has turned Southern California's oldest public radio station into a micro-version of Greece. And just as ordinary Greeks were made to bear the brunt of a financial crisis that was not of their doing, KPFK's staff members are facing cuts as a result of debts created by others. Dig deeper

Colleges With Plenty of Cash Saddle Their Poorest Students With Heaps of Debt

Staff / Truthdig Sep 13, 2015 A ProPublica analysis of newly available federal data shows that some of the nation’s wealthiest colleges are leaving their poorest students with plenty of debt. Dig deeper ( 6 Min. Read )

Why Biden’s Bankruptcy Bill Could Complicate a Presidential Run

David Sirota / Truthdig Sep 4, 2015 A Joe Biden campaign risks confronting the scorn of one of the party's most influential progressives, Sen. Elizabeth Warren. Though Biden has reportedly sought her favor, Warren has historically refrained, accusing him of acting as a tool of the credit card industry by limiting debt relief for people grappling with financial trouble. Dig deeper ( 3 Min. Read )