The Humble Libertarian

Mind your business.



Sunday, March 25, 2012

Recovery In Action: Nearly $300 Billion Student Debt In Default

The student loan bubble racket is bursting. With student loans topping $1 trillion and defaults running high, many if not most of these loans will never be repaid.
You keep hearing that economic recovery is gathering strength. (Which in practice translates into record numbers of people on food stamps, fewer people working for a living, and a drop in both new and existing home sales.) But here’s a big D-Minus that could bring down the whole economy’s GPA: According to the new Consumer Financial Protection Bureau, outstanding student loan debt now tops $1 trillion. And more than a quarter of that debt is delinquent.
Read the rest here
Reason 
Read more Humble Libertarian articles...

The Response to Roy Moore Proves Politics Makes People Literally Insane


Sexist AF America Would Have Responded Very Differently
If A Female Senator Had 6 Ribs Broken



Louis CK's Trial By Social Media


All This Sunlight On Sexual Abuse Is Definitely A Good Thing...


100 Motivational Quotes For Work That Will Turn You Into a Raging Whirlwind of Limitless Productivity


This CNN Article About Fake News on Facebook Is The Definition of Fake News (and Clickbait)


8 Times Ron Paul Talked Trash and Busted Balls
Like a Savage



"Weiner Guy" Gets 21 Months in Jail!


Congresswoman Who Criticized Trump's Phone Call With The Soldier's Widow Is A Hypocrite


"We Need to Ensure Only Legal Workers Are Hired..." [NSFW]


Rich CEO Creeps of America: Please Contact Me. I Will Happily Watch You Shower for a Career Boost


"She" - The Relentless Gendering of Sexual Assault Victims as Female


Explaining Capitalism to an Alien


Bill Maher Just Made An Airtight Liberal Case Against Gun Control


ObamaCare and Health Insurance: The Worst Scam Ever [NSFW]


Trump and DACA


Can I Please Get a "Korean Lives Matter!" on Some Facebook and Twitter Feeds Right About Now?


What (Really) Happened (in memes)


100 Great Anti-War Quotes


Donald Trump Has Crossed The Line
From Entertaining to Dangerously
Out of Touch for Someone in His Position



Libertarianism, The Alt Right, and The Real Racists in Politics


An Open Letter to The White Supremacists


How to Stop a Blood Feud


Is The Eclipse A Message From God?


Capitalism's Characteristics: Why Capitalism Is Good


Law Professor: Congress Must Act On Sexbot Industry


Latest News on North Korea, a Libertarian Perspective


The Reason Why