Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Penn State Pricks the Student Loan Bubble
dailyreckoning ^ | 11/14/11 | By Byron King

Posted on 11/14/2011 4:14:34 PM PST by dennisw

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-35 next last

1 posted on 11/14/2011 4:14:38 PM PST by dennisw
[ Post Reply | Private Reply | View Replies]

To: dennisw

Here comes the bailout.


2 posted on 11/14/2011 4:16:38 PM PST by dfwgator (I stand with Herman Cain.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dennisw

Worst headline they could use, considering the circumstances surrounding Penn St.


3 posted on 11/14/2011 4:18:14 PM PST by edpc (Wilby 2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dennisw

Bad headline writing for sure!


4 posted on 11/14/2011 4:18:20 PM PST by Brandonmark (2012: Our Hope IS Change!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dennisw

I think I would avoid using the words “Penn State” and “pricks” in the same sentence for a while.


5 posted on 11/14/2011 4:18:25 PM PST by Puddleglum
[ Post Reply | Private Reply | To 1 | View Replies]

To: dennisw
Penn State Pricks

Headline humor, perhaps misplaced.

6 posted on 11/14/2011 4:18:56 PM PST by humblegunner (The kinder, gentler version...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

still can't top the BBC

7 posted on 11/14/2011 4:21:14 PM PST by BookmanTheJanitor
[ Post Reply | Private Reply | To 3 | View Replies]

To: edpc

The headline is probably intentional


8 posted on 11/14/2011 4:21:28 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: humblegunner
I guess no more tailgating at home games anymore.
9 posted on 11/14/2011 4:24:27 PM PST by Perdogg
[ Post Reply | Private Reply | To 6 | View Replies]

To: Perdogg

no intended, I’m sure.


10 posted on 11/14/2011 4:27:44 PM PST by brivette (lol!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: dennisw

You know, I tend to be somewhat of a gold bug. And the student loan debt is a bad deal for a lot of people.

But tying all that to the Penn State scandal smacks of headline whoring.


11 posted on 11/14/2011 4:30:48 PM PST by Truth is a Weapon (Truth, it hurts so good.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BookmanTheJanitor

Or the Penn St Creamery and their ice cream dish in Sandusky's honor.

12 posted on 11/14/2011 4:30:56 PM PST by edpc (Wilby 2012)
[ Post Reply | Private Reply | To 7 | View Replies]

To: dennisw
The bottom line is that a lot of US young people will never find suitable employment that aligns with their education. Consequently, they’ll never earn enough to repay their student loans. Yet due to the banking lobby, and how that particular cabal has gamed the legal system, the indebted young basket weavers of the nation can’t get a classic “fresh start” in bankruptcy.

So in the author's worldview the "banking cabal," whatever the hell that is, lead the students to go to Penn State and major in Dead Languages of Bora Bora Studies while borrowing from Sallie Mae, and now that all the tenured Professorship positions in that area of study are filled the students should get a "fresh start" at taxpayer expense to go back and try again or maybe just sit on their azzes and wait for a position in their area of study to become available. Perhaps they should be put on a taxpayer funder retainer or stipend until such a time as they are needed, that way they won't dilute their precious education by having to learn a trade or some other skill that would make them employable to somebody.

I have an idea, you want your student loans forgiven, a fresh start, want to learn a trade, see the world? Take the oath and put on the uniform of your country...otherwise sit down, honor your committments and shut the f up!

13 posted on 11/14/2011 4:32:30 PM PST by JrsyJack (a healthy dose of buckshot will probably get you the last word in any argument.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Truth is a Weapon

I agree. The University bubble will burst, but I am not so sure this is what will finally do it.

How many students are still going to college because mom and dad think that college is an guaranteed future on easy street?

When that drops off, that is when the bubble bursts.


14 posted on 11/14/2011 4:35:02 PM PST by TruthConquers (Delendae sunt publicae scholae)
[ Post Reply | Private Reply | To 11 | View Replies]

To: JrsyJack

” Take the oath and put on the uniform of your country...otherwise sit down, honor your commitments and shut the f up!”

Oh, they will. They will become Ozero’s Brown Shirts.
Be careful what you wish for.


15 posted on 11/14/2011 4:36:59 PM PST by TruthConquers (Delendae sunt publicae scholae)
[ Post Reply | Private Reply | To 13 | View Replies]

To: dennisw
Since when does a public university vp get :Schultz elected to receive a $421,847 lump-sum payment at the time of his retirement in 2009, after nearly 39 years of service.

He also receives a monthly pension payment of $27,558 — nearly the cost of tuition for two in-state freshmen at State College. That comes to nearly $331,000 a year. .?????????? Is this a bribe or payoff?????

16 posted on 11/14/2011 4:38:37 PM PST by MadelineZapeezda (Tagline for rent: Inquire within!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JrsyJack
I have an idea, you want your student loans forgiven, a fresh start, want to learn a trade, see the world? Take the oath and put on the uniform of your country...otherwise sit down, honor your committments and shut the f up!

Agreed! I served 10 years to pay for a 4 year degree but left college debt free! I'm sick of all the damn crybabies.
17 posted on 11/14/2011 4:39:53 PM PST by TSgt (whenever any Form of Government becomes destructive...it is the Right of the People to abolish it.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: TruthConquers

The leftists should demand Social Justice whence professors are paid minimum wage and have to work 40 hr/wk.


18 posted on 11/14/2011 4:59:10 PM PST by Paladin2 (Some people just don't get it.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Paladin2

It is bizarre that the students have not turned on the very people who “sold them down the river” for their own benefit: the universities, and the government loans that shackle them.


19 posted on 11/14/2011 5:15:11 PM PST by TruthConquers (Delendae sunt publicae scholae)
[ Post Reply | Private Reply | To 18 | View Replies]

To: TruthConquers

The Obama Wealth Spreaders are ignorant, unskilled in analysis and stupid to boot.


20 posted on 11/14/2011 5:18:06 PM PST by Paladin2 (Some people just don't get it.)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-35 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson