The underlying premise of the Post piece is that the nation's standards have dropped so far that the president is to be congratulated -- literally -- for hiring a Treasury Secretary who agrees with every economic decision the administration has made, just because he disagrees with the president on global warming. For anyone who takes diversity of thought seriously, this doesn't make any sense.
More from Firedoglake, Peter Daou, and Oliver Willis.
The Project on Student Debt estimates that the new rates will increase monthly payments by 20 percent and double the amount of interest paid over the life of the loan. "It's putting a burden on young people at a time when college degrees are essential in finding jobs," said Heather Boushey, senior economist with the Center for Economic and Policy Research.
"It's putting a burden on young people at a time when college degrees are essential in finding jobs," said Heather Boushey, senior economist with the Center for Economic and Policy Research.