Who has student loan debt in America?
Posted By: MDConservative, 5/23/2022 11:37:44 AM
Millions of Americans rely on the federal government to cover the cost of college. Education loans have existed for generations, but borrowing only really took off in the past two decades. Soaring college costs, higher enrollment, changes to the federal lending system, labor market demand for credentials and paltry wage growth have all contributed to the $1.6 trillion in outstanding federal student debt. This does not include debt originated in the private market.
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Who has student loan debt in America?
10 replies
Millions of Americans rely on the federal government to cover the cost of college. Education loans have existed for generations, but borrowing only really took off in the past two decades.
Soaring college costs, higher enrollment, changes to the federal lending system, labor market demand for credentials and paltry wage growth have all contributed to the $1.6 trillion in outstanding federal student debt. This does not include debt originated in the private market.
Migrant encounters at the southern border hit a record high in April, according to new filings from the Department of Homeland Security (DHS), Fox News’ Bill Melugin reported.
The record-setting month comes as President Joe Biden looks to end Title 42, a Trump-era policy allowing Border Patrol to turn away migrants at the border due to the COVID-19 pandemic.
“BREAKING: There were 234,088 migrants encountered at the Southern border in April, per a DHS court filing today. That’s the highest number in DHS history,”
Federal Reserve Bank of St. Louis President James Bullard said that high readings on inflation still concern central bank officials, reinforcing the need for higher interest rates.
“Inflation is broader and more persistent than many have thought and the Fed will have to act in order to keep inflation under control and we’ve got a plan in place,” Bullard told Yahoo Finance in an exclusive interview on Wednesday.
The Bureau of Labor Statistics reported Wednesday morning that prices in the United States rose by 8.3% between April of this year and April of last year.
New Star Trek spin-off depicts January
6 riot leading to 'Second Civil War' and
'World War III' 25 replies
6 riot leading to 'Second Civil War' and
'World War III' 25 replies
The premiere of Star Trek: Strange New Worlds on Paramount Plus Thursday, appeared to allege that the January 6, 2021 riot at the US Capitol triggered the fictitious nuclear World War III on Earth in the sci-fi series timeline. The spin off from Star Trek: Discovery, based in cannon from the 1960's original series, showed the crew of the Enterprise discovering a pre-warp society with advanced technology, which warring factions on the planet are about to use against each other.
Forty years ago we had a soaring inflation rate, obscene gas prices and interest rates in the teens.
Today, thanks to their incredible incompetence, bad policies and serial stupidity, the Democrats in Washington are bringing back all those problems.
It’s getting so bad, I’m actually beginning to think Jimmy Carter was not such a bad president after all.
People under 40 have no idea how bad things were in the late 1970s under Carter.
They’ve grown up knowing only 3 percent interest rates, dirt cheap gasoline and 2 percent inflation.
They don’t know how miserable things were under Carter or how miserable they can get again under Biden.
It's tempting for Americans to get smug about the sinking of the Moskva, the Russian Navy's flagship in the Black Sea. Whether it was destroyed by Ukrainians or — less plausibly — sunk because of a non-combat onboard explosion of ammunition, the result is both a humiliation and a setback for Vladimir Putin's war efforts. If you're cheering Ukraine's defenders, it's hard not to take some satisfaction in that.
But America's fleet might also be more vulnerable than you think.
A transgender archer who won a state championship has been barred from women’s competitions after complaints.
KellyJeanne Pyne, who identifies as a female, was one of three competitors in the senior women’s freestyle event at the Texas Field Archery Association’s Indoor State Tournament on Feb. 26 near Fort Worth. She finished only one point ahead of the runner-up. “It felt good,” Pyne told KXAN. “It felt like I had achieved something, and then that was rapidly taken away.”
However, three female archers submitted official protests to the results, saying that Pyne, who is transgender, should not be competing in women’s events.
More than 60 Republicans on Tuesday voted against a resolution expressing support for NATO and calling on President Joe Biden to strengthen the organization's committement to defending democracy.
The resolution, introduced by Rep. Gerald Connolly, a Democrat from Virginia, was backed by a majority of the GOP caucus and every Democrat who voted.
Citing the threat posed by "authoritarian regimes" as well as "internal threats from proponents of illiberalism," the resolution calls on the Biden administration to uphold NATO's "founding democratic principles." It also advocates the creation of a "Center for Democratic Resilience"
Former House Speaker Newt Gingrich said that Republicans in Congress are "preparing to make history" by instituting new policies if the GOP retakes control of the House during midterms this fall.
President Joe Biden's approval rating has been underwater since August and currently stands at 42% per FiveThirtyEight. His unpopularity combined with inflation, security problems and other concerns are likely to help Republicans win House seats this fall.
Maryland Gov. Larry Hogan planning trips
to Iowa, New Hampshire amid presidential
bid speculation 33 replies
to Iowa, New Hampshire amid presidential
bid speculation 33 replies
Maryland Gov. Larry Hogan is planning trips to Iowa and New Hampshire. Rep. Adam Kinzinger, R-Ill., is considering a rough timeline for a potential presidential announcement. And allies of Rep. Liz Cheney, R-Wyo., are openly talking up her White House prospects. More than two years before the next presidential election, a shadow primary is already beginning to take shape among at least three fierce Republican critics of former President Donald Trump to determine who is best positioned to occupy the anti-Trump lane in 2024.
Republicans have long had a toughness fetish. Going back to the early days of the Cold War, its flip side has been the insinuation that Democrats are weaklings ready to sell out the country to its enemies, with the GOP eager to serve proudly and unapologetically as America's lone defenders abroad.
No one should be surprised that the script has already been updated to account for recent distressing events on the border separating Russia and Ukraine.
As Argentina signs up to China's belt
and road, Beijing finds itself on a new
path in Latin America 5 replies
and road, Beijing finds itself on a new
path in Latin America 5 replies
Argentina's entry into the Belt and Road Initiative is a significant advance in Beijing's bid to strengthen ties with Latin America, according to experts.
During a high-profile visit to Beijing last week for the opening of the Winter Olympics, Argentinian President Alberto Fernandez signed his country up for China's sweeping infrastructure programme, paving the way for investments worth more than US$23 billion.
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Speaker of the House Nancy Pelosi reportedly received communion during a Sunday mass despite her archbishop banning her from the practice, Politico Playbook reported Monday.
Pelosi reportedly took Holy Communion at the 9 a.m. mass at the Holy Trinity Catholic Church in Georgetown, according to Politico Playbook. (snip) The church’s pastor, Father Kevin Gillespie, said last year he would hand President Joe Biden Communion at the altar despite his pro-abortion viewpoints.
“Everyone is welcome,” he said.
How Stupid Is Whoopi Goldberg, Really?
44 replies
That’s not a rhetorical question, by the way.
Seriously, it’s hard not to wonder how it’s possible that Whoopi Goldberg fancies herself to be an authoritative voice on current events. Quite frankly, I can’t understand how that happened. She says a lot of dumb things. Like on Monday, she went into hysterics about the archbishop of San Francisco banning Nancy Pelosi from Holy Communion in his diocese over her pro-abortion views. “The archbishop of San Francisco is calling for speaker Nancy Pelosi to be denied receiving Communion because of her pro-choice stance,” Goldberg noted. “This is not your job, dude.
Former President Bill Clinton defended Joe Biden's dismal poll ratings on Monday, insisting his successor in the White House was motivated less by popularity than getting the job done.The chaotic withdrawal from Afghanistan, an immigration crisis and spiraling inflation have sent Biden's approval ratings into freefall.
The result is a Democratic Party fearing the worst in November's midterm elections.
But Clinton offered a rosier view, claiming the president ad delivered on his campaign promise to turn the corner on the COVID-19 pandemic and restore the U.S. to its rightful place in the world.
Republican Rep. Liz Cheney warned that Donald Trump is a threat to the United States the likes of which 'we have never faced before' in a Sunday evening speech. Wyoming's lone House Representative was among the recipients for this year's John F. Kennedy Profile in Courage Awards.Her acceptance speech drew parallels between the Civil War and last year's US Capitol attack in the pivotal tests they presented for the country's democratic institutions. Cheney discussed the historic importance of a peaceful transfer of power - which she said 'has been honored by every American president, except one' -
Out of touch as ever, President Biden celebrated record-high gas prices Monday, gushing that the pump pain was part of “an incredible transition” of the US economy away from fossil fuels. “[When] it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over,” Biden said during a press conference in Japan following his meeting with Prime Minister Fumio Kishida.The president then insisted that his administration’s actions, rather than increasing the price of gas, had actually been able to “keep it
Fayetteville, Ark.—Walmart will remove its ice cream, commemorating Juneteenth amid growing backlash. Photos of the product recently surfaced on social media. "Share and celebrate African-American culture, emancipation and enduring hope," the label read.
The ice cream consisted of a swirl of red velvet and cheesecake flavors. "Juneteenth holiday marks a celebration of freedom and independence," the company said in a statement to FOX Television Stations. "However, we received feedback that a few items caused concern for some of our customers and we sincerely apologize. We are reviewing our assortment and will remove items as appropriate." Juneteenth commemorates June 19, 1865, when Union soldiers
Fox News' former chief political correspondent has joined a chorus of voices calling for serious repercussions against Tucker Carlson - one of the network's most prominent voices. Carl Cameron was asked: 'Do you think the Murdoch family in charge of Fox will ever pull the plug on Tucker?' during an interview with CNN's Jim Acosta on Saturday.Cameron, 60, went on to compare Carlson's broadcasts to falsely shouting fire in a crowded movie theater.
'The fact of the matter is, if you disturb the peace by starting a riot in a movie theater, cops are going to arrest you and you might end up in jail or
WSJ Editors Eviscerate Hillary, Lapdog
Media in Blistering Op-Ed About Russia
Collusion Lies 35 replies
Media in Blistering Op-Ed About Russia
Collusion Lies 35 replies
It’s time to drop the words “fake news,” “hoax,” and any other descriptor short of blatant and purposeful lies, in reference to Hillary Clinton’s engineering, oversight, and final approval of releasing to the sock-puppet media a preposterous fairy tale that even the worst of armchair sleuths could spot as complete bullcrap. Why do I make such a “bold” statement? When even the Wall Street Journal editorial board publishes a blistering editorial titled Hillary Clinton Did It, in which it calls Clinton’s lies a “dirty trick for the ages,” that is newsworthy. Are you listening, Hillary The Russia-Trump collusion narrative of 2016 and beyond was a dirty trick for the ages,
Former Vice President Mike Pence appears to not rule out a presidential bid in 2024 in what will become a sizable Republican primary, even if his former ticket mate, former President Donald Trump, is also running, according to a report.Before a speech Pence gave last month in Iowa, he told the New York Times that he would not rule out entering the 2024 presidential race even if Trump enters the race as well. Pence added that he and his wife, Karen Pence, would act on prayer, stating, “We’ll go where we’re called. … That’s the way Karen and I have always approached these things.”Pence also told the Times
A Disney World vacation was once seen as the tradition getaway for the American middle class family, but it is increasingly slipping out of reach.Over the past few years, the prices of tickets for the amusement park have skyrocketed as executives continue to raise the price of food and begin catering to higher-paying clientele. To make matters worse, Disney executives are eliminate cost-saving features at the theme parks, like a free shuttle from the airport and free parking for those staying on the premises.It has also done away with a free option to help people skip the ever-growing lines at certain rides - replacing it instead with a pay service.
House speaker Nancy Pelosi questioned whether Archbishop Salvatore Cordileone was holding a double standard for banning her from Communion for her position on abortion while keeping quiet about Republicans who support the death penalty.
'I wonder about the death penalty, which I am opposed to. So is the church but they take no action against people who may not share their view,' the California Democrat said Tuesday on MSNBC's Morning Joe.
On Friday, San Francisco Archbishop Salvatore J. Cordileone penned a notice telling Speaker Nancy Pelosi (D-CA) that, because of her pro-choice stance, she will not be permitted to take receive Holy Communion. Well, this absolutely triggered the pro-baby killing coven on ABC’s The View. And during their Monday show, they accused the Archbishop of somehow violating the separation of church and state by carrying out punishment against a member of the church for violating their beliefs.
Comments:
The thing to see is that it's not the high debt holders failing to pay back. It's those who fail to complete their degree studies. And so the American public should bail out those who were ill-equipt for college and at least were smart enough to stop digging deeper debt pits. One wonders how many cars, vacations, tattoos, and frat/sorority jackets were bought with this money, not to mention "remedial studies."