Archive
Terminate the Racket of College Loans
One of the ways to cut the big-spending binge engaged in by the federal government is to terminate the racket of college loans. It’s counterproductive, discriminatory and a bad investment for both taxpayers and students.
Let’s Drop the College-For-Everyone Crusade
The college-for-all crusade has outlived its usefulness. Time to ditch it. Like the crusade to make all Americans homeowners, it’s now doing more harm than good. It looms as the largest mistake in educational policy since World War II, even though higher education’s expansion also ranks as one of America’s great postwar triumphs.
Prison Planet.com » Organized Crime: Colleges Refuse to Release Official Transcripts Of Students Who Have Defaulted On Loans
As has been highlighted countless times before – our modern day college education system is nothing but a coordinated scam by colleges to generate as much revenue as possible and for the bankers financing the loans to enslave unsuspecting borrowers for decades.
Most college graduates assume that once they’ve completed their higher education studies and earned their degree no one can ever take it away from them. Unfortunately, the US Department of Education and most colleges in America take a different position. Their official policies dictate that if your student loan is in default they do not have to provide you, prospective employers or other universities with your official transcript if requested to do so.
By the end of college, he was $62,000 in debt but was making payments regularly until Temple laid him off, allegedly because of budget cuts. That’s when his problems began. (Pedro Rodriguez is a pseudonym to protect his identity.)
Unable to find a job as a music teacher in the current economic crisis, he eventually went into default on his loans, which included Stafford, Perkins and private bank loans. Then this year, he decided to go on to earn a PhD, which would make it possible for him to get hired in his field. He applied to a top-rated university in the Northeast, but when it was time to send his school transcripts, Temple froze him out. “They said as long as I was in default on my loans, they would not issue a transcript!” says Rodriguez.
When good paying jobs go unfilled (Employers looking to fill these jobs are having little success)
We hear so much these days about the unemployment figures and the lack of good paying jobs for the disappearing middle class that it’s almost become the new normal. Combined with that, the plaintive cries from the OWS occupiers about the heavy burdens of oppressive college loans for graduates unable to find work have become a regular fixture in political discussions. Which is why it’s odd when we see the Wall Street Journal reporting on employers looking to fill relatively high wage jobs and having little to no success in finding takers.
Ferrie Bailey’s job should be easy: hiring workers amid the worst stretch of unemployment since the Depression.
A recruiter for Union Pacific Corp., she has openings to fill, the kind that sometimes seem to have all but vanished: secure, well-paying jobs with good benefits that don’t require a college degree.
But they require specialized skills—expertise in short supply even with the unemployment rate at 9%. Which is why on a recent morning the recruiter found herself in a hiring hall here anxiously awaiting the arrival of just two people she had invited to interviews, winnowed from an initial group of nearly five dozen applicants. With minutes to go, the folding chairs sat empty. “I don’t think they’re going to show,” Ms. Bailey said, pacing in the basement room.
Moe Lane jumps on this opportunity with a decision to send the kids to electrician’s school.
Or maybe it’ll be plumber’s school.













Recent Comments