Student Loan Tug of WarOn April 13, 2021, Senator Elizabeth Warren (D-MA) conducted her first hearing on student loans as chair of the Senate Subcommittee on…Apr 30, 2021Apr 30, 2021
A False RemedyDuring his campaign and most recently, president-elect Joe Biden committed to discharging $10,000 of higher-education debt per borrower…Nov 24, 2020Nov 24, 2020
Genius or Grifter?In my Practical Finance text, which I use in the undergraduate courses I teach, I write about the responsibilities that entrepreneurs have…Oct 28, 2020Oct 28, 2020
Thoughts at a Hypertense TimeThe election is fast approaching. And when I’m not preoccupied with wearing a mask, washing my hands, maintaining a safe distance and…Oct 25, 2020Oct 25, 2020
A Hard LessonIt was 1980. The prime interest rate that banks charged their most creditworthy borrowers had risen to an unprecedented 21.5%, and I had a…Sep 14, 2020Sep 14, 2020
When You Point a Finger…Some time ago, I accepted a challenging consulting engagement with a national bank. The chairman and CEO of one of its multibillion…Aug 31, 2020Aug 31, 2020
RECAPTURING A SIMPLER PAST FOR HIGHER EDUCATIONWe are witnessing a truly surreal spring semester for the nation’s colleges and universities.May 1, 2020May 1, 2020
CARES Doesn’t Care Enough about Student LoansThe COVID-19–driven financial collapse has exposed an ugly underbelly of economic truths, not least of which the severity of the student…Apr 17, 2020Apr 17, 2020
A Kind Word in a Student’s Dark MomentYou’re a 20-year-old college student, and all your “live” courses are now being taught online. So there you are, alone in your room with a…Apr 10, 2020Apr 10, 2020