Brady’s Lessons – Phenomenal World

As ever, the 1970s loom large. The economic and political trauma of those years has cast a long shadow over economic policymakers and commentators, and some are wondering whether we are in for a return. There are of course some superficial similarities: then as now, accommodative fiscal and monetary policies preceded a period of elevated…

450,000 defrauded student loan borrowers are eligible for debt relief. How it works. — Project on Predatory Student Lending

A years-long legal battle that left hundreds of thousands of student loan borrowers in limbo is ending. After a recent court ruling, students who were defrauded by the schools they attended — mostly for-profit colleges that misrepresented the value their degrees could offer students — may soon get relief. The Sweet v. McMahon case has…