Mary Glover is taking on Goldman Sachs and Wells Fargo--but a court decision could leave her and thousands of other homeowners without a hope of justice.
Congress has removed nearly every consumer protection from student loans, including bankruptcy protections, statutes of limitations and truth in lending requirements.
Sarah Jaffe, Mike Konczal, David Graeber, Astra Taylor, Brian Kalkbrenner, N+1 Magazine. May 8, 2012.
David Graeber, Mike Konczal, Sarah Jaffe and Brian Kalkbrenner discuss debt--what it is, why we're drowning in it, why it's a political issue. Moderated by Astra Taylor.
Unless we act now, the current $1 trillion student debt bubble is going to look small in 18 years—and the only ones able to go to college will be the children of the 1%.
William D. Cohan, The New York Times. April 24, 2010.
Through the Federal Reserve, the public is basically giving the mega banks free money and letting them make bundles on the difference with which they lend.