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To: Xenalyte
Let’s get this straight.

Girlie takes out a loan with no guarantee of career that would provide means for repayment.

Well, let's get this straight too: bank pays out unsecured loans to kids with lousy credit in order to finance worthless degrees. Why would that happen in a capitalist society? Because banks and government collude to run these worthless paper mills to keep each other employed with the taxpayer left to back the loans.

Government funding and mandates devalued higher ed, made it a "right," and hence made it worthless - well, expensive and worthless.

101 posted on 06/01/2010 7:04:30 PM PDT by Puddleglum ("due to the record harvest, rationing will continue as usual")
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To: Puddleglum
Because banks and government and colleges collude to run these worthless paper mills to keep each other employed with the taxpayer left to back the loans.

Bingo! And when these millenials start walking away from these oppressive student loans.... BOHICA!

103 posted on 06/01/2010 7:13:26 PM PDT by Valpal1 ("All that is necessary for the triumph of evil is that good men do nothing.")
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