The battle lines have been drawn. As the government shuts down, our leadership continues to be uncooperative. The government’s traditionally routine authorization to keep its doors open, known as the continuing resolution, has once again devolved into gridlock. Both political parties continue to bask in national attention as they herald Read More…
Student debt is a growing economic and moral crisis. The average U.S. college student today graduates with more than $25,000 in debt, and nationally, unpaid tuition debt approaches $1.2 trillion. That’s trillion with a T. Twelve zeros. Here at UC Berkeley, our tuition has increased 300 percent since 2002, and Read More…
Government debt is in the news again. Recent national headlines ranged in tone from the breathless to cataclysmic. First, Detroit asked Christie’s Auction House to value its museum collection, should the city need to pay creditors with its Rembrandts and Cezannes. Then, President Obama told “This Week” that he would Read More…