If you’re going delinquent on a student loan in your 50’s. You f**ked up real good.

When the government gets involved they usually make the situation worse. Student loans 90+ days delinquent have exploded higher to heights never seen before. https://finance.yahoo.com/news/student-loan-delinquencies-are-on-the-rise-heres-why-184802465.html 12.9% of student loans are now in serious delinquency, the highest rate ever recorded. https://www.newyorkfed.org/newsevents/news/research/2025/20250513 The New York Fed admits the spike came from resuming reporting after a five-year pause. …

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How Great Is Our Economy If The Bottom 50%’s Share Of The Nation’s Wealth Has Plummeted Since 2009?

Authored by Charles Hugh Smith via OfTwoMinds blog, Something has been going very wrong in the US economy for a very long time, and whatever is going wrong accelerated from 2009 to the present. Longtime readers know I’ve covered America’s soaring wealth and income inequality for many years, and so I read economist Noah Smith’s …

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