Ever since 2012 we have warned that one of the biggest threats arising from the US student loan bubble – which is no longer disputed by anyone except perhaps members of the outgoing administration – is not that it is soaring at an unprecedented pace, that’s obvious for anyone with the latest loan total number over $1.4 trillion, […]

No doubt anticipating what was coming in the Supreme Court’s ruling in Obergefell v. Hodges on Friday, Senator Mike Lee (R-Utah) and Representative Raul Labrador (R-Idaho) introduced bills a week earlier to keep the federal government from discriminating against individuals and groups exercising what is now left of their First Amendment rights. Called the First […]

This wasn’t supposed to happen. With the US consumer hunkering down in 2015 and barely spending more than in the comparable period last year, the only silver lining had been auto sales driven almost entirely by access to cheap credit; in fact, as the chart below shows while revolving credit has barely budged from its […]

The billionaire owner of the Dallas Mavericks says America’s colleges are in serious trouble and that over a trillion dollars in student loans will put many of them out of business. For years the federal government has been subsidizing loans, much like they did with houses ahead of the 2008 crash. This has led to […]

A college education used to be considered the great equalizer in which a young adult from any social class could close the future income gap regardless of the social class of origin. Unfortunately, a college education is becoming a governmental form of oppression. Step on to almost any college campus today and you will witness […]