Many More Students Are Defaulting Than Official Tallies Show – Government – The Chronicle of Higher Education

Students struggling in hard times, even with federal aid

The share of borrowers who default on their student loans is bigger than the federal government’s short-term data suggest, with thousands more facing damaged credit histories and millions more tax dollars being lost in the long run.

According to unpublished data obtained Click to Read More

Why you’re not making more money than a decade ago: Diary of a Recession Baby – MarketWatch

More on stagnating wages and the widening income gap in America.

The story is often told that college graduates have done well and everyone else has not. But that’s not true,” said Josh Bivens, an economist at EPI.

For high school graduates, median inflation-adjusted wages were $626 per week in 2009, compared with Click to Read More

Jon Kyl: Extend Bush Tax Cuts For Wealthy Even If They Add To Deficit

More structural inequality baked into the system:

Top Senate Republican Jon Kyl (R-Ariz.) insisted on Sunday that Congress should extend the Bush tax cuts for the wealthiest Americans regardless of their impact on the deficit, even as he and other Republicans are blocking unemployment insurance extensions over deficit concerns.

Paul Krugman Click to Read More

Visualizing the BP Oil Disaster

Map of Oil Disaster superimposed with oil spill

BP Oil Disaster overlaid atop Seattle

Ever wonder just how big the British Petroleum Oil Disaster is?  It can be pretty hard to wrap your mind around.  Well, this website can help.

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