‘Starving The Beast’: Documentary Reveals How Wall Street ‘Disrupted’ Public Education

Some of the country’s most respected public universities have been devastated by years of cuts, and corporations have stepped in to turn publicly funded education into private profit.

The new documentary “Starving The Beast, reveals the struggle in education funding taking place across the country at publicly funded universities. (AP Photo/David Goldman)

AUSTIN, Texas --- Is education a right and a public good, or is it a commodity from which corporations can profit? “Starving The Beast,” a documentary which premiered March 13 at the SXSW Film festival, reveals the struggle between these two paradigms for higher education taking place across the country at publicly funded universities. From

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Federal Gov. May Crack Down On Colleges Who Produce Graduates Incapable Of Paying Back Student Loans

Schools with career-oriented programs that fail to comply with the new rule announced Thursday by the Obama administration stand to lose access to federal student-aid programs.

WASHINGTON  — For-profit colleges that don't produce graduates capable of paying off their student loans could soon face the wrath of the federal government. Schools with career-oriented programs that fail to comply with the new rule announced Thursday by the Obama administration stand to lose access to federal student-aid programs. To meet

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How The Government Profits From Student Loans, To The Tune Of $40 Billion A Year

If the federal government were a private lender, it would be one of the world’s three most profitable companies, next to Exxon Mobile and Apple. Student loans, however, are crippling a generation that can’t afford to skip college but also can’t afford to pay for it.

WASHINGTON --- Roshan Bliss owes nearly $80,000 for a degree he never received. A Master’s degree candidate at the University of Denver, he dropped out two-thirds of the way through. “I already owed more than $70,000 in student loans,” he told MintPress News. “I did the math and figured out I would still have to take out another $30,000 for

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Sen. Warren: Allow Student Loan Borrowers To Refinance, Tax Wealthy

Senate Banking Committee member Sen. Elizabeth Warren, D- Mass. listens to testimony on Capitol Hill in Washington, Tuesday Nov. 12, 2013,(AP/Jacquelyn Martin) WASHINGTON (AP) — Sen. Elizabeth Warren wants the next debate in Congress on student loans to focus on helping borrowers refinance their debt. The Massachusetts Democrat was to file a bill Tuesday that […]

WASHINGTON (AP) — Sen. Elizabeth Warren wants the next debate in Congress on student loans to focus on helping borrowers refinance their debt. The Massachusetts Democrat was to file a bill Tuesday that would open the door for potentially millions of recipients of federal loans to refinance at the same rate current recipients can get.

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Government Pockets $66 Billion In Profit From Student Loans: GAO Report

‘‘This is obscene. The government should not be making $66 billion in profits off the backs of our students,’’ Sen. Elizabeth Warren said in a statement in response to the report.

The Government Accountability Office released a report on Friday stating that it is impossible to precisely set borrowing interest rates in advance on federal student loans. As a result, the federal government has earned an estimated $66 billion in profits from loans originated from 2007 to 2012. “Because Direct Loan costs fluctuate with changes

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