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marmar (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:15 PM Original message |
For-Profit Colleges Slump Converges With Debtors |
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Systematic Chaos (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:23 PM Response to Original message |
1. Some fuckwit unrecced this. |
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Lorien (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 12:46 AM Response to Reply #1 |
17. K & R |
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KansDem (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:24 PM Response to Original message |
2. "Under U.S. law, their loan obligations can rarely be discharged in bankruptcy" |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:25 PM Response to Reply #2 |
4. because that would spoil the ruling class plan to entangle the bottom 50% in debt & |
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valerief (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:54 PM Response to Reply #4 |
5. Where the ruling class can make MORE money off them. nt |
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DCKit (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:08 PM Response to Reply #5 |
12. You have to admit, they do pay the prison workforce as well as the average Somali. nt |
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valerief (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 08:47 PM Response to Reply #12 |
21. Ha!!! nt |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 05:12 PM Response to Reply #2 |
6. A friend of my son told him that once he and his sister were through college, |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:13 PM Response to Reply #6 |
13. ... with Mom & Dad living there as long as they live ... Maybe? |
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aikoaiko (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 05:16 PM Response to Reply #2 |
7. Because a lot of students would graduate, hang out at the their parents house unemployed, and then . |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 05:20 PM Response to Reply #7 |
8. yes, that must be it. |
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Confusious (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 05:32 PM Response to Reply #2 |
9. You can't discharge credit card debt that easily anymore. nt |
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Travelman (326 posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:05 PM Response to Reply #2 |
11. That has been the law for ages |
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valerief (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:18 PM Response to Reply #11 |
14. And the 2005 bankruptcy law says you gotta repay your debt. nt |
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Travelman (326 posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:22 PM Response to Reply #14 |
15. Right, but this was the case with student loans |
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valerief (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 06:23 PM Response to Reply #15 |
16. I wonder if student loan debt is bundled and sold on the derivatives market. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 04:24 PM Response to Original message |
3. The wonderful results of the free market in education. The poor get useless degrees and endless |
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cottonseed (1000+ posts) Send PM | Profile | Ignore | Wed Dec-29-10 05:36 PM Response to Original message |
10. Common sense says this is wrong and should be stopped. Money will allow it to continue. |
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Rex (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 12:50 AM Response to Original message |
18. Hey why not combine check cashing places with 'Hallmark' colleges? |
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ck4829 (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 09:40 AM Response to Original message |
19. K&R |
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newtothegame (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 03:09 PM Response to Original message |
20. Take out "for-profit' at the beginning because this applies to ALL colleges. |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Thu Dec-30-10 09:34 PM Response to Original message |
22. I tried to explain this to my niece who will have 60,000 in student loans to repay. |
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