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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “student loans“

November 22, 2024 Interviews

Schiff w/ Knight: Why Does the Economy Crash?

Peter recently appeared on the Don’t Tread on Anyone podcast hosted by Keith Knight, a heavy hitter in the libertarian space. Keith and Peter discuss one of Peter’s books, How an Economy Grows and Why It Crashes. Their conversation covers the pillars of Austrian Business Cycle Theory, the ethics of regulation, and a whole host […]

May 26, 2024 Original Analysis

The Educational Cost of Government Meddling

The cost of higher education has skyrocketed. And we have the government to blame.

December 5, 2022 Interviews

Peter Schiff: You Think Inflation Is Bad Now? Wait Until Next Year!

Peter Schiff recently appeared on Real America with Dan Ball to talk about the economy, energy prices, and inflation. Peter said if you think inflation was bad this year, wait until next year with a much weaker dollar.

August 29, 2022 Interviews

Peter Schiff: Student Loan Forgiveness Is Pure Inflation

Last week, President Joe Biden announced a student loan forgiveness scheme. Peter Schiff appeared on NewsMax Real America with Dan Ball to talk about the cost of forgiving student debt and the growing recession. Peter said that despite all of the claims to the contrary, this is just going to add to the inflation problem.

August 26, 2022 Friday Gold Wrap

You’re Forgiven, My Child! SchiffGold Friday Gold Wrap Aug. 26, 2022

This week, President Biden announced a plan to forgive $10,000 to $20,000 in student loan debt. It sounds nice and some people will certainly benefit, but as SchiffGold Friday Gold Wrap podcast host Mike Maharrey explains, we’re all going to pay for this. In this episode, Mike also talks about Jerome Powell’s upcoming Jackson Hole […]

August 24, 2022 Key Gold Headlines

Somebody Has to Pay for Student Loan Forgiveness

President Biden is expected to announce student loan forgiveness on Wednesday (Aug. 24). The plan will reportedly cancel $10,000 in student loan debt for anybody making less than $125,000 per year. A lot of people think this is like waving a magic wand — poof — the debt is gone. But somebody has to pay […]

August 3, 2022 Key Gold Headlines

Total Household Debt Hit a Record $16 Trillion in Q2

Personal income from all sources adjusted for inflation — real income — fell for the second straight month in June and was down 1% on the year. But American consumers continue to spend. How can this be? They’re running up debt at a dizzying pace. This undercuts the narrative claiming the American consumer is “healthy.”

May 9, 2022 Guest Commentaries

Student Loans: Another Government-Created Crisis

There is more talk of student loan forgiveness. Supporters of these schemes argue that the whole system is inherently unfair, although they rarely talk about who would pay for student loan forgiveness. They also seem oblivious to the fact that the federal government created this problem to begin with.

November 13, 2019 Key Gold Headlines

Student Loan Bubble Blows Up Another $32.9 Billion in Q3

American consumer debt pushed to a new record of $4.15 trillion in September. Part of that equation – the continued surge in the levels of student loan debt. Student loan balances jumped by $32.9 billion in the third quarter this year, pushing total outstanding student loan debt to a new record of $1.64 trillion. Student […]

September 26, 2019 Peter's Podcast

Peter Schiff: The Government Created the Student Loan Bubble

During a recent podcast, Peter Schiff talked about the student loan debacle. In a nutshell, it’s the government’s fault. Democratic presidential candidates have been talking about the student loan crisis. And it is indeed a crisis. The total of the outstanding student loans in the US has more than doubled since 2009 when it was […]

April 15, 2019 Peter's Podcast

Peter Schiff: The Political Theater of the Absurd

In his most recent podcast, Peter Schiff talked about recent Congressional hearings that featured Rep. Maxine Waters scolding bankers for creating the student debt crisis, ignoring the fact that the student loan program was nationalized a decade ago. Peter described it as the political theater of the absurd.