
Peter Zeihan: Why Do the Democrats Keep Losing Ground?
The future of the Democratic Party in the US isn’t looking too bright. When strategy and targeting don’t change for over half a century, I…
Thought Leader: Peter Zeihan
By Sheila Bair (Original source Yahoo Finance)
‘“A rose by any other name would smell as sweet” cooed Juliet Capulet to her beloved Romeo Montague, in an oft-quoted expression of how the names of things do not always reflect what they really are.
So it is with income share agreements, or ISAs — a new way to finance college, where students are only obliged to pay an affordable percentage of their income after they graduate, instead of a fixed-debt obligation. While the concept of ISAs seems to have support among Republicans and Democrats, its very name is prompting partisan sword-fighting to match the blood feud between the Montagues and Capulets in Shakespeare’s famed play.
A replacement for America’s disastrous loan system
The main point of contention seems to be around investor-funded ISAs where Democrats like Senator Elizabeth Warren are understandably concerned that Wall Street sharpies will take advantage of vulnerable kids. Republicans, in contrast, like encouraging market-based solutions to rising student debt obligations and think the risk of abuse can be mitigated with appropriate consumer protections. While I tend to think that properly regulated private ISAs have a role in funding college, particularly at the graduate level, their greater value lies as a government program to replace our disastrous federal student loan system.”
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Peter Zeihan: Why Do the Democrats Keep Losing Ground?
The future of the Democratic Party in the US isn’t looking too bright. When strategy and targeting don’t change for over half a century, I…
Thought Leader: Peter Zeihan
Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
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Thought Leader: Peter Goodman
Patrick McGee: Is Tim Cook the Right or Risky Choice for Apple?
Deepwater’s Gene Munster and author of ‘Apple in China’ Patrick McGee, join ‘The Exchange’ to discuss whether Apple needs a new CEO and what needs…
Thought Leader: Patrick McGee