"There's a crisis, but we can't say that . . ."

"There's a crisis, but we can't say that . . ." This was the refrain in the winter of 2010, shortly after I had returned from the bitter cold peninsula of South Korea to a bitter cold Washington, DC in early January. I don't know how I made it back to the center of the world Empire being that I was penniless. But somehow I'd managed to do just that, and not only was I meeting with staffers but even a few Congressional leaders. At that juncture, they agreed with me wholeheartedly, even one member of Congress who was on a committee related to education: there was a student loan debt crisis, but that's as far as they'd go. They wouldn't really discuss it - save for perhaps a few - publicly.

My, how times have changed! Democrats and Republicans are talking about the student loan debt crisis.

Mark my words: this will be a focal point for the upcoming 2016 Presidential election.

Is this the ticket? Previously Unknown Clause Found in Federal Loan Contracts Might Lead to Billions in Forgiven Loans

Let's keep an eye out on the developments around a previously unknown clause that some Democratic senators recently discovered in Federal loan contracts about the ability to forgive loans - no one knows how it works, including folks in the Department of Education! Who knows? The outcome might actually be good for the indentured educated class. We don't know right now, but let's wait and see. 

Photo Credit: Lauren Victoria Burke/AP

'Corinthian 100' Ask Education Department: What About Us?

Badasses. 

More Good News about Predatory Garbage Heaps Also Known as For-Profits

Here you go. You're welcome. 

University of Phoenix has lost half its students

Victory. With a figure like this one, we can realistically see it plummeting to zero. Couldn't have happened to a better bunch of folks.