ALG's Daily Grind - The new vicious cycle of student loan debt

Oct. 10, 2013

The new vicious cycle of student loan debt

Obamacare makes the decision of entering higher education much more difficult.

Who's the deadbeat?
Coming from a man who issued a veto threat against the House-passed "Full Faith and Credit Act," which instructs the executive branch to pay our nation's creditors first in the event we hit our national new borrowing limit, Obama's newfound concern for paying our nation's debts must be an epiphany for those who write his teleprompter text.

Obama Energy Secretary: Fracking is 'climate friendly, environmentally safe, and economically stimulating'
Steven Chu even dismissed a study critical of fracking by saying: "we didn't think it was credible."

Moody's: No default if debt limit reached
Credit rating agency: "We believe the government would continue to pay interest and principal on its debt even in the event that the debt limit is not raised, leaving its creditworthiness intact."