Category Archives: Congress
Democrats’ Faux Plan to Relieve Borrowers from Crushing Student Debt
During the primary season, various Democrats were pushing the idea of forgiving outstanding federal student loan debt. While this idea stuck in potential voters’ minds, this policy is not actually what the Democrats have put forward in their party platform. … Continue reading
Democrats’ Claim Check on the Lives of Student Loan Borrowers
I was reminded this morning that I left the student loan industry 12 years ago immediately before the financial collapse related to Fannie and Freddie. I choose based on the consequences of statutory changes by Pelosi after her elevation to … Continue reading
Thoughts of Employment Testing and Liability
Recently, Yaron Brook published interesting commentary about the Aunt Becky college admissions scandal. He shared an anecdote about a conversation with company executives about why they don’t test job candidates in order to qualify them for employment. Here is Brook’s … Continue reading
Posted in Congress, Economics, Political Discussions, The Courts
Tagged Aunt Becky, Certification, College, EEOC
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How MoSCoW Can Fix America’s Spending Problem
In the past several years, I have been working on managing a multitude of requirements within a government project so that the objective was achieved on time and on budget. The lessons learned about setting and enforcing priorities are principles … Continue reading
Deflating the Student Loan Bubble with Better Risk Management
The student loan market is broken again: too much student debt, too many defaults, and large write-offs pending as a result of income contingent repayment. Not that it was ever fixed, but it’s gonna blow again to hemorrhage real costs … Continue reading
Posted in Congress, Education
Tagged cohort default rate, default, income contingent repayment, student loan bubble, student loans
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Selfish Citizenship 