The Last Lever to Pull

Amnesty should be the last lever pulled. The first should be the wholesale restructuring of the $1.7 trillion student loan portfolio so that repayment durations are extended to a more appropriate term.

The Last Lever to Pull2021-03-14T22:05:16-04:00

Thoughts at a Hypertense Time

The election is fast approaching. And when I’m not preoccupied with wearing a mask, washing my hands, maintaining a safe distance and disinfecting everything, my thoughts turn to other matters that concern me every bit as much, particularly at this fraught time.

Thoughts at a Hypertense Time2020-10-26T10:25:39-04:00

Incompetent, Uncaring or Complicit?

Ever hear of the term risk-based pricing?

According to the Consumer Financial Protection Bureau, “lenders offer different consumers different interest rates or other loan terms, based on the estimated risk that the consumers will fail to pay back their loans.”

Said differently, the higher the risk, the higher the rate.

Lenders are perfectly justified in pricing their products […]

Incompetent, Uncaring or Complicit?2017-05-23T07:02:00-04:00
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