The Wall Street Journal (WSJ) recently published an article entitled “Student-Loan Debtors Get Help From Judges” which reported that judges are now using “tools at their disposal” to reduce or cancel student loan debt after years of holding debtors responsible for the money they borrowed and promised to pay back.
One of these tools is asking lawyers who represent borrowers to provide their services for free. Yes, free. Students (legal adults) can borrow money to attend college, promise to pay it back, default on the loans, and the judiciary thinks its ok to ask a third-party (lawyers) to work for free. Is there anything more absurd? Read more
I have a love-hate relationship with the Wall Street Journal. One of the most respected newspapers in the world, the Wall Street Journal was my go-to newspaper for decades but since Murdoch bought the paper in 2007, I’ve reluctantly embraced it.
The news and personal lifestyle information is always interesting while the editorials often frustrate me with their conservative, big brother take on politics and culture. But not yesterday when an editorial entitled Food Stamps Shouldn’t Pay for Junk by Moby was printed. Read more