Educational Financing

With Student Debt, Even Paying It Off Isn’t the End

About two-thirds of the 20 million people who attend college every year borrow money to do so. We’ve heard a lot about how growing educational debt loads — the average student borrower now graduates owing $26,600 — can be a detriment to someone just starting out in life, and to the health of the broader American economy. Student debt …

Buying Lottery Tickets Just Keeps Getting Easier

It’s not like buying lottery tickets is particularly difficult. But because states continually want to increase revenues via rising lottery sales, they’re constantly looking for “innovations” that make lottery tickets easier to buy and available at every turn—like at the gas pump, the ATM, or just the computer screen.

Elizabeth Warren: Students Should Get the Same Rate as the Bankers

Consumer protection maven Sen. Elizabeth Warren, D-Mass., introduced her first piece of legislation this week, a proposal that would allow students to take out government educational loans at the same rate that big banks pay to borrow from the federal government.

Under her Bank on Student Loans Fairness Act, for one year, new student …

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