Now to Dumb Down America
April 8 – The Wall Street Journal (Keith J. Winstein): “Education Resources Institute Inc., a Boston nonprofit that insures more than $17 billion in privately issued student loans, filed for bankruptcy-court protection, beset by defaults, delinquencies and shrinking revenue. … The filing … adds more tumult to the shaky student-loan market, where some lenders have been taking write-downs and dropping or curbing their lending programs amid broader problems in the credit markets.” From the “ch
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Tags: Bank, Bankruptcy, Credit, Education, Loan, Programs, Student, Student loan, student loans, Wall Street