Aiming to make the cost of college a little more clear—and easily comparable—the Obama Administration released a new guide on Tuesday to help students understand how much they will have to pay, how much debt they may have to take on, and how likely it is that they will be able to repay the debt.
Obama Administration
Rise of the Smart Grid
Obama’s plan for a state-of-the-art electrical grid is gaining power bit by digital bit
Former TARP Official: Both Parties are Captive to the Big Banks
While the current presidential race has predictably devolved into a series food fights over tax returns and awkward speech wordings, the nation’s economy limps weakly along. In addition, the causes of the 2008 financial crisis …
Housing Bail-Out Arrives for One Group of Americans: Soldiers and Vets
Call it a war on foreclosure wrongs. The $25 billion foreclosure abuse settlement announced last month between a group of state governments and the largest mortgage banks in the country is meant to help homeowners everywhere who …
The G-20: This Time, It’s Different
Last week’s G-20 economic summit in South Korea was widely depicted as a failure for the Obama administration and a rebuff for the United States. In many respects, it was. Obama remarked that if the U.S. hadn’t tried to set the agenda, it would have had an easier time. “Part of the reason that sometimes it seems that the United …
What happens if more people want to rent?
This morning I was on the Brian Lehrer show talking about the Obama Administration’s conference on the future of housing finance. You can listen to the interview here.
One thing that came up during the interview was this concept of renting. Strange as it may seem, renting is a key part of the housing market. Indeed, tens of millions of …
The bastardization of the American Dream
Today the Obama Administration will host a conference on the future of housing finance. It’s a great topic, considering that Fannie Mae and Freddie Mac are more than $150 billion in the hole. But this is about more than what to do with the GSEs.
There are bigger questions to ask about how we approach home ownership in the U.S. For …