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To: Libloather
Apparently colleges need to introduce a ‘Loan Repayment 101’ class.

You know, rather than have freshmen students take all those mushy, touchy-feely multi-cultural indoctrination classes, I think you have a very good idea.

Any new student loan bills before Congress should require that any student receiving federally-bascked student loans should be required to take a basic Finance class. One that introduces the student to obligations as a borrower, compounding interest, finance charges, return on investment, and simple budgeting techniques.

89 posted on 11/22/2011 6:17:17 AM PST by Lou L (The Senate without a fillibuster is just a 100-member version of the House.)
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To: Lou L
I think you have a very good idea.

That goes without saying. (Kidding, of course.) But it goes deeper than that. The leftist goofballs sound like they're indoctrinated before they even arrive. That kinda puts them in a tough place -

Harvard Students, Citing Economic Inequality, Stage Walkout
Last Wednesday, 70 Harvard students walked out of an introductory economics course, citing a bias that they said “perpetuates problematic and inefficient systems of economic inequality in our society.” The walkout, first reported by the Harvard Crimson, was the subject of an open letter to the professor who teaches the course, Greg Mankiw. The letter, which appeared in the Harvard Political Review, says Mankiw’s class espouses a “limited” view of economics—heavy on Adam Smith, less so on Keynesian theory—that “fails to equip its students with a broad and critical understanding of economics.” It read in part:

“We are walking out today to join a Boston-wide march protesting the corporatization of higher education as part of the global Occupy [Wall Street] movement. Since the biased nature of Economics 10 contributes to and symbolizes the increasing economic inequality in America, we are walking out of your class today both to protest your inadequate discussion of basic economic theory and to lend our support to a movement that is changing American discourse on economic injustice.”

90 posted on 11/22/2011 6:38:06 AM PST by Libloather (The epitome of civility.)
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