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To: freedumb2003

Yes, she chose to buy the product with borrowed money. But the product is not as advertised and sold to her using fraudulent advertising. Unfortunately, there is no way for her to return the fraudulent product to the University and get her money back.

I’m not saying she isn’t responsible and shouldn’t pay her debt. I’m saying the educational establishment is engaged in fraud and that fact needs to be publicized far and wide so that fewer young people get taken to the cleaners.

The collusion between colleges and lenders has created an “education” bubble of worthless degrees and a mountain of debt. What’s going to happen when that bubble bursts and they starting walking away from their student loans like people are walking away from their upside down mortgages?


92 posted on 06/01/2010 6:39:00 PM PDT by Valpal1 ("All that is necessary for the triumph of evil is that good men do nothing.")
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To: Valpal1

>>Yes, she chose to buy the product with borrowed money. But the product is not as advertised and sold to her using fraudulent advertising. <<

She paid for a college education — she got a college education. I still don’t understand what you are saying.

As far as returning it, try returning a meal you ate and then decided you didn’t like.

>>The collusion between colleges and lenders has created an “education” bubble of worthless degrees and a mountain of debt. <<

Plenty of college degrees have great value. “Womyn’s studies” isn’t one of them.


95 posted on 06/01/2010 6:47:27 PM PDT by freedumb2003 (The frog who accepts a ride from a scorpion should expect a sting and the phrase "it is my nature.")
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