Independent thinking for complex markets and current events
As parents and teachers are getting more and more disgusted with student discipline — or the lack thereof — states are responding. A new law in Kentucky, for example, allows for students to be suspended for profanity, “willful disobedience or defiance of the authority of the teachers or administrators,” “defacing school property” and alcohol and …
Biden will not be deterred from using your money to pay off other people’s student loans Ingrid Jacques, USA TODAY Mon, November 27, 2023 at 4:02 AM EST·5 min read With Thanksgiving behind us, we’ve officially entered the Christmas season. It’s a time of year when many of us feel magnanimous. ‘Tis the season for …
by Chris Black Hamas is not a “terrorist group,” it’s a paramilitary group. Words have definitions. NEW: Governor DeSantis just ordered the University of Florida and the University of South Florida to deactivate their "Students for Justice in Palestine" groups for violating Florida's laws against antisemitism. pic.twitter.com/Y3B6hLnRJZ — Mary Margaret Olohan (@MaryMargOlohan) October 24, 2023 …
Student: "What do you have to say to the trans students on this campus who feel actively victimized by your presence here?"@RealCandaceO: "Life's tough. Get a helmet, man." pic.twitter.com/kmQHkpCuLp — Daily Wire (@realDailyWire) October 4, 2023 h/t VinoSom
Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said. Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of …
by Chris Black I hope he wins and bankrupts Yale. This is just another standard rape hoax. Post Millennial: A former Yale student who was kicked out of the school in 2019 after being accused and acquitted of rape in 2018 can now sue his accuser for defamation over statements she made during a school …
by betsharks0 Maybe Joe will forgive all auto loans.
Half plan to default ☝️ But, Younger people drove the spending over summer 👇 pic.twitter.com/9QpEOcST4v — Win Smart, CFA (@WinfieldSmart) September 18, 2023 This situation could be quite concerning for several reasons: Credit Score Damage: When people default on their student loans, it can wreak havoc on their credit scores. This means they’ll have trouble …
Student loan forbearance repealed starting on Oct 1. For each person with a loan that’s $400 per month. Just another headwind to add to the pile. Prediction: Economists will be baffled. Percent of Russell 3000 Earnings Calls Mentioning Student Loans pic.twitter.com/79uQ2rjWIe — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) September 11, 2023 h/t Tonight We Ride!
by TheRealJugger You’re all in luck: “Borrowers with the lowest projected lifetime earnings will see payments per dollar borrowed fall by 83%” For reduced payment: https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/22/fact-sheet-the-biden-harris-administration-launches-the-save-plan-the-most-affordable-student-loan-repayment-plan-ever-to-lower-monthly-payments-for-millions-of-borrowers/ For the not being fully penalized first year: https://www.cnbc.com/2023/07/05/biden-gives-student-loan-borrowers-some-leeway-when-payments-restart.html Interest will still be added to the principal. Biden cares just enough to talk about this during re-election time
Scary Halloween in markets? 🎃 👻 “Consumer confidence fell more than expected in August, while delinquency rates among credit cards issued by smaller banks are the highest on record, according to data from the Apollo Group…Payments on approximately $1.1 trillion of federal student loans will resume in October, potentially setting consumers up for a “payment …
45% of student loan borrowers expect to go delinquent when payments resume on October 1st. That's not good. pic.twitter.com/YOgF4udx67 — Joe Consorti (@JoeConsorti) August 28, 2023 Rent moratorium over ✅️Real rates at 15-yr highs ✅️Student loan moratorium over 🔜 Discretionary spending is circling the drain. Can someone say deflation risk? — Joe Consorti (@JoeConsorti) August …
via Mike Shedlock: President Biden does not want student loan payments to start. The easiest way is to make it an understaffed, complicated mess. Purposeful Student Loan Mess Interest on student loans restarts on September 1 with payments starting in October. Few are prepared. If you are a student with questions, good luck getting answers. …
Beginning this week, 804,000 federal student loan borrowers received emails from their servicers with the subject line “Your student loans have been forgiven.” The notices came as part of the Biden admin’s previously announced efforts to cancel debt for qualifying borrowers. Beginning this week, 804,000 federal student loan borrowers received emails from their servicers with the …
Industrial US companies are seeing their businesses in China slow down considerably. DuPont, Dow and Caterpillar have cut their sales outlook for the country into this year. https://t.co/LJ0ARJ9jMW Tesla cut prices in China again. https://t.co/tuTnwNZFSO — Lisa Abramowicz (@lisaabramowicz1) August 14, 2023 Everything is fine … 🔥🔥🔥 Student loan payments resume in September. pic.twitter.com/l7C34hjf10 — …
via thecentersquare: This fall, the University of California system is growing its freshman class by 3,017 slots from 85,268 students to 88,285. Black students aren’t getting a single one of the new slots according to preliminary University of California data analyzed by The Center Square. Hispanics gained 1,435 slots in the newly expanded freshman class. …
The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household Debt Hits an All-Time High of $17 Trillion; Credit Card Debt Also Sets New Record …
"There are a total of 45 million people with student loans, and the average monthly student loan payment is around $200, so resuming student loan payments in October will subtract roughly $9 billion from consumer spending every month, or roughly $100 billion a year" Apollo's Slok — Lisa Abramowicz (@lisaabramowicz1) July 31, 2023 This is …
Unacceptable “Not one? In three years?” Akron Public Schools board member Valerie McKitrick asked after that data point was presented to the board earlier this week.” Check out this story from Akron Beacon Journal: Akron school board questions I Promise School’s poor academic results At a meeting Monday, the Akron school board heard a presentation …
by Dismal-Jellyfish Source: https://abi.org/newsroom/press-releases/commercial-chapter-11-filings-increased-68-percent-in-the-first-half-of-2023 The 2,973 total commercial chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Individual chapter 13 filings increased by …
by Chris Black The Republican Party is going to get wrecked in 2024 because of this one stupid issue. They took such a strong stand against any kind of student loan relief, and for no real reason, since the Supreme Court and Biden himself would have ended hopes of relief anyway. But no – Retardlicans …
Princeton University student who vanished three months ago during research trip to Baghdad is ALIVE and being held hostage by Iran-backed militia group – as distraught colleagues call on Biden to negotiate her release A Princeton University doctoral student who went missing three months ago is alive and being held by an Iran-backed militia in …
Poor baby. I paid my student loans, you pay yours. I’m not inclined to pay mine and then pay your too. h/t Mitchisboss
via newsweek: Some student loan borrowers encouraged others to default on their loans “en masse” following the decision by the U.S. Supreme Court to cancel President Joe Biden’s student loan debt forgiveness plan, but one expert told Newsweek why that may not be a good idea. “Okay, thing I can actually talk about: Mass default …
The article was quickly edited. New York Times column suggests 'death' as a 'solution' to student debt after court strikes down Biden handout https://t.co/5ij0osQlJt — Fox News (@FoxNews) July 1, 2023 New York Times column suggests ‘death’ as a ‘solution’ to student debt after court strikes down Biden handout The article was soon edited, but …
“If Republicans were smart, they would propose a bill to pay down student loans by seizing college endowments. The newly debt-free would be able to afford families, turning them Republican. And universities would pay for the debt they saddled students with, not taxpayers.” After all, why should university endowments compound tax-free when student loans can’t …
BREAKING: @chiefsforchange Policy Advocate Caught On Hidden Camera Reveals @POTUS Administration's Secret "Backup" Student Loan Plan to Circumvent Supreme Court Ruling "Most people I don't think even understand what the f*** is going on." – @MakeseMotley #BidensBackup pic.twitter.com/s1zujWloEK — Project Veritas (@Project_Veritas) June 30, 2023
SCOTUS quoted Nancy Pelosi in their student loan decision LOL. pic.twitter.com/cO9d9IbHkx — Isabelle Marchese (@IsabelleAliciaa) June 30, 2023 HERE is the part of the student loans decision where Chief Justice John Roberts cites former Speaker Nancy Pelosi pic.twitter.com/KYwEjIn4WG — Jay O'Brien (@jayobtv) June 30, 2023 “People think that the president of the United States has …
One of two licensed teachers police say were involved in forcing a 7-year-old special-needs student in Brownsburg to eat his vomit has voluntarily revoked her Indiana teaching license, KTLA sister station WXIN reports. Sara Seymour, a 27-year-old former Life Skills teacher at Brown Elementary in Hendricks County, was previously terminated at a Brownsburg Community School …
by TonyLiberty It is no surprise that student loan debt in the United States has reached such a high level. With the cost of college tuition continuing to rise, more and more students are taking out loans to pay for their education. This problem is only compounded by the fact that many graduates are struggling …