Anya Kamenetz

 

Anya Kamenetz is a contributing writer for Fast Company. She has written for The New York Times, The Washington Post, New York Magazine, Salon, Slate, The Nation, and the Village Voice. She is the author of several books on the future of education including DIY U (Chelsea Green, 2010) and Generation Debt (Riverhead Books, 2006).

 

Recent Articles

Attracting Young Voters with Debt Relief

The sub-prime mortgage scandal is only part of the debt problem in the United States. The issue is likely to attract the attention of young voters this election cycle, which may be the key to bringing about change.

Debt is the new four-letter word. As the credit-fueled housing bubble comes ever closer to bursting, Democrats in Congress and on the stump are denouncing predatory lenders and their "Wild West" ways. The potential industry blowback extends far beyond NINJA (no income, no job, no assets) mortgages and "liar loans." A whole new debt-industrial complex -- high-interest payday loans, deceptive credit card practices, creditor-friendly bankruptcy laws, and an oversubsidized student loan business -- is undermining Americans' economic security. Access to capital through flexible, fair credit lets responsible people make needed investments, whether in a home, a new business or a college degree. Overabundant, high-priced, high-pressure credit turns good investments into unacceptable risks. We need to restore that ugly word usury to describe some of the prevalent lending practices of today, along with the principle that creditors share a responsibility with borrowers. Halting abuses like 500...

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