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Jeff In Milwaukee

(13,992 posts)

6. And these schools have no interest in graduation...

Reply to primavera (Reply #5)

Fri Jul 20, 2012, 09:44 AM

Jul 2012

I taught at one for about half of one class. Seriously.

These companies are just scamming money from taxpayers with no real intention of providing their students with an education, qualify or otherwise.

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Study: Private student loans parallel subprime [View all] dipsydoodle Jul 2012 OP

Should Be Illegal To Bundle Or Transfer Loans. TheMastersNemesis Jul 2012 #1

Let me add.... Jeff In Milwaukee Jul 2012 #4

Students at for profit schools probably have triple the debt primavera Jul 2012 #5

And these schools have no interest in graduation... Jeff In Milwaukee Jul 2012 #6

Let's be consistent. And look at the problem itself. Igel Jul 2012 #11

That's truly the heart of it. n/t Psephos Jul 2012 #12

Well.... Jeff In Milwaukee Jul 2012 #16

Bad idea. Igel Jul 2012 #13

No. Bundle away. If investors want to be stupid with their money, it's their money w4rma Jul 2012 #18

Du rec. Nt xchrom Jul 2012 #2

YEP liberal N proud Jul 2012 #3

I would like to see a serious reduction in this student debt debacle in the same manner given to midnight Jul 2012 #7

+1 We should help the people holding this massive debt. limpyhobbler Jul 2012 #10

I guess this means Arne Duncan's broken clock gets to strike right one more time n/t Fearless Jul 2012 #8

I thought that they couldn't default. Sirveri Jul 2012 #9

It becomes "bad" when it's not serviced. Psephos Jul 2012 #15

They don't have the ability to discharge the debt though. Sirveri Jul 2012 #17

There's semi-serious talk in Congress of making it dischargeable in bankruptcy. Psephos Jul 2012 #20

What would putting the school on the hook do? Sirveri Jul 2012 #21

They should allow people to consolidate private student loans into Dept. of Ed. loans limpyhobbler Jul 2012 #14

"Since '78, the price of tuition at U.S. colleges has increased over 900%, 650 pts above inflation." proverbialwisdom Jul 2012 #19