Posted on 06/08/2011 6:02:05 AM PDT by markomalley
Gannett. Link only per FR posting rules. Link here.
And AW return fire will be forthcoming.
Most student loans were not dischargeable prior to 2005. They were only dischargeable if the educational institution was completely private and received absolutely no funds from the federal government even by way of federal grants. Since nearly all private institutions signed up for federal grants, their loans were no dischargeable.
Prior to 1998, student loans were dischargeable if they were in repayment status for a certain period of time.
http://nation.foxnews.com/justice/2011/06/08/swat-team-raids-man-s-home-over-student-loans
I think he's generally credible - and the government says it DIDN'T break down his door? The pictures tell otherwise!
It's the Weiner strategy! Lie and lie!
I admit it’s been awhile since my children graduated from college, but public college tuition is generally not that bad, even today. If you choose to go to a more expensive college and you’re borrowing money to do so, I think you need to sit down with your family and do some math regarding the value of that “investment” and your ability to pay back the loan.
Lots of times students (and their parents) are using loan money to pay for nice apartments, study abroad, and Greek sorority/fraternity costs. All of the above are GOOD, but are they worth starting out your life with more debt than you can handle?
“The remedy is to do this all quietly while it may still be legal,”
It should be done in secret by several people. All calling themselves Orwell.......
Orwell is watching!
Amen.
And the kids, they are mere weak prey. Their schools haven't taught them how to calculate long term interest payments in many perhaps most case cases, because the math teaching is terrible and the basics of finance and economics not at all--if we ignore, as we should, Marxist economics.
Instead high schools, teachers, mentors, guidance counselors all energetically and constantly push the kids towards college, and even into taking on big debt to pay for it. That irrational college boosterism is still rampant, even as the batches of college grads of the past few years are finding--too late!--how onerous and less-than-valuable their degrees are!
Colleges used to have a sense of modest and rational in-loco-parentis. That is gone, and worse! Instead our children, and they are still children, especially in our era of cultural immaturity, are exposed to chaos, to incessant amorality with nigh every proper ancient and proven social deportment marker destroyed and some moved into immoral and depraved territory.
However college year after year students are indoctrinated through fierce social and institutionalized Student-Life dictas and practices the harsh rules of a morally depraved mob. Only losers leave, and you cannot behave except as we say.
Suicides are up. Drop-outs are up even though the loans are then immediately payable, and the college not held in any way responsible to make the delivery of a product good. And yet the children-made-into-idiots continue to beg more years and more loans, for while in the college the BURDEN of the loans is unknown, only the pleasures of the irresponsible wild summer-camp-like life are known. They reduce course load, the colleges offer easier and easier course and raise the grades in all, further encouraging irresponsibility. Student loans are GREAT business, the cannot be extinguished by what in any rational business would surely be a pattern of behavior sure to cause bankruptcy!
Do you remember when you had to be 21 to take on such debt without a co-signer? No longer true. THAT rational precaution was abolished a couple decades ago. A parent can not stop an immature 18 year old from signed up for $30K, or even $60K of student debt.
Please do not support such abuse of the young by a perverted immoral college and college loan industry.
“It is not possible for a college student to “work their way” though college anymore.”
Not true at all. Check out the recently released book titled, “Debt Free U.”
;-)
What's gone wrong that makes this "legal"? A "warrant" signed by a gutless government judge based on bad information?
Is THIS what the authors of the 4th amendment had in mind?
Yes you are right in a way, but TruthConquers is also right. And right in a more important way.
While some few can and do make the effort to go to school debt-free, the great majority do not. College costs have risen in most colleges and ways of entering the college that the great majority of students WILL NOT BE ABLE to afford it without borrowing an AVERAGE of $34K. That’s the basic facts.
Please understand that the college and college funding establishment would never allow—in the depraved greedy and destructive academic ethos of this era—more than a few students to be able to pay for college while working. The big money is in having a class of indentured debt slaves paying you a few hundred a month for 20 years.
The TV station took the link DOWN!
Still here: http://nation.foxnews.com/justice/2011/06/08/swat-team-raids-man-s-home-over-student-loans
This is the one that doesn’t work.
http://www.news10.net/news/article/141072/2/Dept-of-Education-breaks-down-Stockton-mans-door
The page you are looking for can not be found.
Please use the sitemap below or the search box above to find what you are looking for.
Notice that the CS Moderator took down my post.
Unfortunately too many people just don’t get it. This door opened with the Patriot Act.
Stupid people are just all too willing to sacrifice freedom for perceived sercurity.
Did you notice now that when their is a police shooting incident - all officers involved empty their weapons? Must be great protection in numbers discharging - protection that is from an internal affairs investigation.
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