The New Inquiry @ Open.Salon

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Salon.com
JUNE 9, 2012 8:05PM

Sunday Reading

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Enter Jane Hu, stage left:

Boring old me:

ReclaimUC, defiantly debting as usual, but also enjoying an organic, locally produced burrito:

According to a report from the National Consumer Law Center, “The U.S. Department of Education (the Department) relies on an increasing number of private contractors to collect the approximately $67 billion in defaulted federal student loan debt.” Moreover, not only is the government on the hook for an increasing number of student loan defaults, but it is paying outside collection agencies huge sums of money to collect these debts: “The Department paid contractors almost $1 billion in commissions in 2011.” Thus instead of providing free public higher education, the federal government is lending students huge amounts of money that they can never pay back, and the result is that the feds have to hire expensive private contractors to collect the cash.

When Bint Battuta and Frank Pasquale are on vacation, I shamelessly steal from Gerry Canavan:

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