“Screw college, screw education. It’s far better to be an unemployable welfare slave than a student loan slave. Stay stupid, let the state take care of you. Vote Democrat.”
Rico needs a primer in logic - won’t get from these college factories - hey maybe that’s his problem. ( :

In typical hypocritical fashion,the corporate forces that have occupied the education industry as another marketing scheme, are whining about not being able to get federal loans for their substandard pedagogy.
It exposes more than on any other issues - the root irrationality of the right wing politics. Selfishness and chauvinism can only be at odds with the freedom of access and universality required by good education. The last liberal institution to bite the commerical dust.

prisners;

“You have an opinion, that is all, and your opinion is not a fact” Absolutely true, and the same goes for you too.

“Despite your uniform, how do I know your not captaining plastic ducks in your bath tub, or flying remote controlled helicopters in you living room…?”

You don’t. I’ve never made any claims about myself. All anybody here on truhdig thinks they know about me they’ve conjured out of thin air.

You’re the one who posed as a destitue widow in your very first post. You’re the one doing all the wishing-as-fact. All I’ve done is question your over-the-top statements. How do you know what burden of proof I require for myself?

Many countries have free college for their citizens, it is about time the government of the United States decides having educated citizens is much better for the country than perpetrating mercenary Right-Wing universities off on the citizenry.

As always, conservatives attempt to blame the victim, for their larcenies…

The student loan scam is no exeption. You have an opinion, that is all, and your opinion is not a fact, no matter how much you want it to be..

You simply do not want to face the truth, and I on the other hand, can never get you to, because, delusions have no basis in fact, so they can never be refuted..

Mental hospitals are full of people who believe themselves to be Christ, or Napolean, or in your case Manfred Von Richthofen. No amount of persuasion by psychiarists can convince them, that, that, is not the case. This is always what happens when one argues against delusion..Delusion always wins…

Despite your uniform, how do I know your not captaining plastic ducks in your bath tub, or flying remote controlled helicopters in you living room…?

You give what you get…A thief distrusts your honesty, and a liar always distrusts the truth..

All you have given evidence for is that you doubt, but you don’t require the same burden of proof for yourself as you do for others…

Fraud is a crime, conning someone into spending money under false pretense, is a crime. Unfortunately, for all of us, the bigger the con artist, the less likely he will go to jail..Witness, Goldman sacks…

prisners:

So, you’re not the woman. Sorry. You didn’t make that clear. Sounds like you don’t even know her. Nor do you know for sure what really happened to her. You speculate that the “banks” might have killed her. You use that affecting anecdote to hyperbolize into the millions. (On another thread, I used an anecdote to make a point, and was severely ridiculed for it. Let me do the same for you.)

No one ever forced a student to take out a loan.

Banks are not above the law.

Millions will not be buried in paupers’ graves because they can’t pay off a student loan. Where do you get this shit?

That student loans exceed credit card debt is a meaningless statistic in this context, although it does show that you read a little.

Defaulted loans are not more profitable than current ones. Where do you get this shit?

“That is why the banks encourage people to take out six figure loans.”

Yes and we all know that we are not responsible for our actions. How can we possibly resist the slick banker in his sharkskin suit, waving a pen in our faces- “Sign! Sign!” We need the government to save us from these bastards, since we are incapable of saying “NO”!

No Mr. Rico, there are millions, this is just one of them…Since the women who wrote this is probably dead by now, she’s another victim of the banks.

The banks are above the law, they can do what they want, and since there is no way to fight them, many will millions will be buried in a paupers grave, before they ever see justice done.

“This year Americans’ total outstanding student loan debt from federally funded and private loans was estimated at $833 billion, a sum that exceeds our credit card debt (though the two kinds of debt overlap, since, as the Smith study showed, credit cards are used to help pay tuition). The Chronicle of Higher Education reported in July that the 15-year default rate for federal loans is 20 percent; for loans to community college students, 31 percent; for loans to students at for-profit schools, 40 percent. “
  http://www.valleyadvocate.com/article.cfm?aid=12585

Defaulted loans are actually more profitable than paid off loans, due to long years of interest. This is why the banks encourage people to take out six figure loans.

Student loans cannot be discharged in bankrupcy.

prisner:

Good for you for going back to school. There is no way this bureaucratic error will fall to you in the end. I’m betting the $4000 they show was some credit limit you qualified for at the time, and the $1500 was what you actually borrowed- happens all the time. The $12,000 they show now is accrued interest, since they thought you still owed the money.

Fight this. Don’t let them get away with it.

I am sure there aren’t “millions” out there like you. Good luck.

There are millions of these stories, you should know what your talking about before you open your mouth, otherwise your just making a fool of yourself….

In 1988 as a new widow (age 56) I decided to go back to school.  I was told I did not qualify for a loan until my final (2nd) year.  At the time I applied I was to go on from the community college, (El Camino, Torrance CA), I was attending to a State College and then University.  I graduated in June 1991, I was already to continue when my oldest son was killed and I had to leave school to go to the Northen part of the State to settle his estate.  In Dec 1991 I called the 800 number I had been given when I applied.  I explained that I was now living on a very small Veteran Widow’s pension.  I was assured that there was no problem, they would forgive the loan.

In about 1996 I applied for a regular loan and was turned down, I immediately contacted the Credit Bureau.  When I received the credit report, there were several student loans in default on it.  I contacted the ‘lender’ they agreed that the amount was wrong, I had borrowed about $1500. but they were showing $4000. But they told me that there is no way the loan would have been ‘forgiven’.  I tried to explain I was living on a small Social Security check.  I didn’t hear from them again until about 2 months ago when they attached my SS check.  I only receive $786. a month, and now they are taking $36. a month from it and they claim I now owe over $12,000. I AM 74 YEARS OLD, and SS is my only income.

http://studentloanjustice.org/California.htm

http://www.studentloanjustice.org/

Anderson:

Fuckin’ A bro!. Screw college, screw education. It’s far better to be an unemployable welfare slave than a student loan slave. Stay stupid, let the state take care of you. Vote Democrat.

Do you actually know anybody who is having their Social Security checks tagged for a student loan??? Where do you progressives find this shit? First of all, anybody collecting SS would have gotten a loan 45 years ago, at which time, the interest rate was like 2%, and tuition was at most 8 grand a year for a top school.

Are you seriously asking anyone out here to believe that there is a meaningful number of retirement age people suffering under the awesome burden of repaying a $32,000 loan at 2%? And if they actually do have college degrees, unless they are in womens studies or linguistics or sociology or the like, why are they surviving on mere SS? These people are, by definition, successful and are almost sure to have had the foresight to prepare for independent financial futures, a characteristic not shared by most whiners of your persuasion.

The purpose of Higher education is no longer to educate. Education is only a bi-product.

No the primary purpose of a college education is to create debtors.  Colleges-act as
brokers, to sell student loans. Upon graduation from college former students will spend
many decades trying to pay off their loans. Some never succeed in doing so, and have
their social security garnished by the banks instead.

While those students are selling their souls to the banks, those very same banks are
bundling thousands of student loans to sell to investors, as derivatives. Derivatives are
highly profitable to the bankers, and are based on the fact that the amount of the debt
owed to the banks becomes many more times it’s face value by the time it is paid off.

As many millions of hapless former students know,  the cost of their student loan
significantly reduces their income post graduation, to levels they would have experienced
had they never gone to college in the first place. 

Thus the banks, along with their toadies in government, have created a nifty swindle for
themselves. Students get loans so they can get ahead in the world, only to find
themselves further behind.

So what is important is not an education, that’s just a selling point. The important thing is
creating a sort of higher education roach motel, where students check in but can’t check
out.

Turning our young, our future into debt slaves, is one of the few products, this country
has to sell anymore. Cynically turning their hope for a better future into cold hard cash,
is something the banks, and OJama have been good at. So it comes as no surprise that
OJama has appointed a banker as his chief of staff.

Student loan reform is just another OJama scam, making it easier to get student loans,
or get into debt, and limiting the amount of indentured servitude to 25 years, for some
loans.

As the rubes back home make their way along main street, whose banks now resemble
games on a carnivals midway, the seductive rap of the bank barkers, encourages them
to take a chance on some new debt.

Fortunes will be made, as the bankers once again are freed by OJama, to sell their
poison. America wasn’t supposed to be this way, but it is.