Posted on 03/07/2010 9:04:35 AM PST by DoctorBulldog
[...] Here is what they haven't told us: The Education Department will borrow money at 2.8 percent from the Treasury, lend it to you at 6.8 percent and spend the difference on new programs. So you'll work longer to pay off your student loan to help pay for someone else's education -- and to help your U.S. representative's reelection. [...]
(Excerpt) Read more at washingtonpost.com ...
“why they aren’t wanting to regulate the universities and educators in the same way”
AGW. Corruption of academic freedom. Profiteering via adjunct instructors without benes. Violating scientific practice by interweaving crap data with actual results.
It’s communist reallocation of academic products. CRAP.
The results of this is wave after wave of ‘degreed,’ ‘credentialed’ graduates, many of whose majors are in little more than boiling water.
Just because he said it, doesn’t mean it will happen. People still have to qualify for jobs, although, in the next 5 yrs, lots of govt employees will be retiring, and there probably will be job openings.
I don’t think many banks make student loans under terms similar to student loans, do they?
In the next 5 yrs, there will be very many govt employees retiring.
“I advised her to look for someone over the age of 50.”
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If we lived close together I would suggest my wife. She is a seasoned professional at that work and you couldn’t make her steal a dime if you held a gun to her head.
Soon everyone will qualify..when they default, the evil “rich” taxpayers will pay(. Think Freddie and Fanny)
The “right” to an education and “right” to a home are pushed by the kleptocrats in both parties.
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