Tag Archives: Bank

You Can’t Have a Drink at Age 17 But a Bank Will Lend You $57,000

Perhaps because they don’t think about it very hard, a lot of people blame those who default on student loans for reneging on an obligation that they under took freely. But let’s not forget, high school seniors at the age of 17 are required to sign loan agreements for up to $57,000. We don’t trust them to rent cars. We don’t issue them credit cards. How can we hold them responsible for decisions that they are not mentally able to handle?

So You Want To Run for the Democratic Nomination for President of the United States?

If you’re running for the Democratic presidential nomination, you have to sound like a progressive to get primary voters on your side and govern and vote like a right-winger so the centrist establishment will tolerate you.