This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment – Bloomberg Business

William Dudley, president of the Federal Reserve Bank of New York, delivered a speech on Wednesday morning that drove home just how dangerous an investment student loans are for American taxpayers. Speaking at a conference on student loan data, Dudley outlined the consequences of the unique way the U.S. government lends money to people for college. Government student loans…

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Majority of U.S. public school students are in poverty – The Washington Post

Three-year-old Saria Amaya waits with her mother after receiving shoes and school supplies during a charity event in October to help more than 4,000 underprivileged children at the Fred Jordan Mission in the Skid Row area of Los Angeles. Children from low-income families now make up a majority of public school students in the nation,…

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