Tag Archives: banks

Helping Iceland

Iceland is a small country in big trouble. During the heady times of economic growth, its banks expanded operations far beyond what the country could possibly support. When the global financial crisis came, all three collapsed. Millions of depositors in … Continue reading

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A Close Call With Education Reform

Several months ago I wrote about the Student Aid and Fiscal Responsibility Act, a bill which aims to make college more affordable. The bill does this through several mechanisms. Firstly, it expands federal Pell Grants, which are government grants to … Continue reading

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A Major Achievement

A few days ago the House of Representatives passed the Student Aid and Fiscal Responsibility Act, a meaningful reform of the way student loans are dealt with. In my mind, this bill constitutes one of the Obama administration’s most important … Continue reading

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