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KamaAina

(78,249 posts)

14. Thank St. Raygun

Reply to FarCenter (Original post)

Tue May 15, 2012, 01:18 PM

May 2012

he's the one who gutted Pell Grants and replaced most of them with loans.

Dishonorable mention to the repuke House, which is about to allow interest rates on student loans to double.

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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