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riderinthestorm

(23,272 posts)

11. This is really true....

Reply to Proud Public Servant (Reply #5)

Tue May 15, 2012, 11:11 AM

May 2012

"the right school seems to matter more than ever, and graduating without the need to service debt puts you in a much better position than those poor souls described in the Times series. The class gap between college-educated twenty-somethings with elite educations and no debt, and everyone else, seems poised to be one of the greatest class gaps in US history."

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Prepare For An Unprecedented Wave Of College Bankruptcies [View all] FarCenter May 2012 OP

Interesting article. You might also wish to check out the 2-part coalition_unwilling May 2012 #1

Just another pillar of a crumbling empire. Expect higher costs and more privatization leveymg May 2012 #2

Student loan debt cannot be expunged by bankruptcy. TheMightyFavog May 2012 #3

That's what I thought too n/t sharp_stick May 2012 #4

The article refers to bankruptcy of universities... davekriss May 2012 #9

But that would require reading the actual OP instead of typing up a knee-jerk response.... truebrit71 May 2012 #13

I'm trying to think this through Proud Public Servant May 2012 #5

This is really true.... riderinthestorm May 2012 #11

Good riddence, they have lost sight of their purpose larkrake May 2012 #6

Also, don't forget raking in millions from corporations to turn out corporate-friendly grads byeya May 2012 #7

That's not who will get hurt Proud Public Servant May 2012 #8

We used to call this a vicious circle. One action brings on another. And you are correct the market jwirr May 2012 #10

What I keep on hoping is that young people will finally wake up SheilaT May 2012 #12

Thank St. Raygun KamaAina May 2012 #14

my school has 6 or 7 vice chancellors. Each making 200-250k/yr. Sirveri May 2012 #15