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…

Student loan settlement erases debt for 170K borrowers

A 2026 update to the $23 billion borrower defense class action case, Sweet v. McMahon, allows an additional 170,000 student loan borrowers to have their debt forgiven. MarioGuti/Getty Images Roughly seven years after plaintiffs filed a massive class action lawsuit against the U.S. Department of Education (DOE), more than 170,000 additional borrowers will have their…