- May 20, 2009
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Obama is a bigger predatory lender than all the Financial crisis bankers combined
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#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
So you admit you don't understand. OK.#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
I hope your joking...since, like it or not, many-many-many of these high risk, almost zero chance to graduate students are minorities. Find my a politician anywhere who is going to touch that with a 1000 yard pole.
The goal of Obamas nationalizing of loans for education (student loans) is to destroy private colleges...
The Student-Loan Scam Killed ITT Tech
ITT imploded and has long been known, like Corinthian, to be a waste of time and money. The only way this school could exist is by federal loans. ITT is a scam.
Private universities are Dartmouth, Princeton, John Hopkins, Loyola etc. You think they are worried? Nah. Do you know why?
ITT could not even pull it's head out long enough to recreate a vo-tech school worth a damn.
So you admit you don't understand. OK.#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
I hope your joking...since, like it or not, many-many-many of these high risk, almost zero chance to graduate students are minorities. Find my a politician anywhere who is going to touch that with a 1000 yard pole.
...is something I never said. So now you tell a lie that is easily refuted."In your own words - "The only way this school could exist is by federal loans"
Yes, your assumptions are ludicrous as well as false, like above.So you admit you don't understand. OK.#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
I hope your joking...since, like it or not, many-many-many of these high risk, almost zero chance to graduate students are minorities. Find my a politician anywhere who is going to touch that with a 1000 yard pole.
Don't understand how you make ludicrous assumptions?Correct
...is something I never said. So now you tell a lie that is easily refuted."In your own words - "The only way this school could exist is by federal loans"
When you write "In your own words" means you are quoting me. I never said anything of the sort. You did....is something I never said. So now you tell a lie that is easily refuted."In your own words - "The only way this school could exist is by federal loans"
Haha...look again...that isn't a quote from you dude.
Yes, your assumptions are ludicrous as well as false, like above.So you admit you don't understand. OK.#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
I hope your joking...since, like it or not, many-many-many of these high risk, almost zero chance to graduate students are minorities. Find my a politician anywhere who is going to touch that with a 1000 yard pole.
Don't understand how you make ludicrous assumptions?Correct
When you write "In your own words" means you are quoting me. I never said anything of the sort. You did....is something I never said. So now you tell a lie that is easily refuted."In your own words - "The only way this school could exist is by federal loans"
Haha...look again...that isn't a quote from you dude.
#1 - qualify (vet) the applicants first.Take the private sector out of the student loan program and have government loan at COL levels.
That doesn't solve it.
The problem with the student loan bubble is two-fold..,.
#1 - Loans made to students who have almost no chance of ever paying the loan off, not to mention that many of these same extreme high risk "students" also receive tax dollars for living expenses.
#2 - "Loans for the asking" mentality of the government system provides an impossible to resist temptation for schools to overcharge. They overcharge in two ways - bloated tuition, and bloated class requirements. Guaranteed loans means guaranteed payments to schools....almost no matter what.
#2 - qualify (vet) the applicants first.
Thank you for admitting your deliberately told a lie and got caught.When you write "In your own words" means you are quoting me. I never said anything of the sort. You did....is something I never said. So now you tell a lie that is easily refuted."In your own words - "The only way this school could exist is by federal loans"
Haha...look again...that isn't a quote from you dude.
And again...the quote is not yours..."Diser" said it. I wasn't even talking to you.
But do go on by all means
Now you are arguing against yourself. We want a better system. My way is better. You have nothing to offer.#1 - qualify (vet) the applicants first.Take the private sector out of the student loan program and have government loan at COL levels.
That doesn't solve it.
The problem with the student loan bubble is two-fold..,.
#1 - Loans made to students who have almost no chance of ever paying the loan off, not to mention that many of these same extreme high risk "students" also receive tax dollars for living expenses.
#2 - "Loans for the asking" mentality of the government system provides an impossible to resist temptation for schools to overcharge. They overcharge in two ways - bloated tuition, and bloated class requirements. Guaranteed loans means guaranteed payments to schools....almost no matter what.
#2 - qualify (vet) the applicants first.
You don't know what you are talking about. If they vetted the whole scam would disintegrate. Probably 75% of applicants wouldn't qualify.
Misdirection is a tactic at which you fail every time.Yes, your assumptions are ludicrous as well as false, like above.So you admit you don't understand. OK.#1 - qualify (vet) the applicants first.
#2 - qualify (vet) the applicants first.
I hope your joking...since, like it or not, many-many-many of these high risk, almost zero chance to graduate students are minorities. Find my a politician anywhere who is going to touch that with a 1000 yard pole.
Don't understand how you make ludicrous assumptions?Correct
What assumptions? That a large percentage of non graduate defaults are minorities? Really? You want to say that is a false assumption?
You don't know what you are talking about. If they vetted the whole scam would disintegrate. Probably 75% of applicants wouldn't qualify.
The GI bills and the science ed acts, both very successful big government programs, revolutionized the economic power of the middle and lower classes.Exactly...like every government created false demand - it is filled with misuse and fraud.You don't know what you are talking about. If they vetted the whole scam would disintegrate. Probably 75% of applicants wouldn't qualify.
Meaningless quote, not apropos to the OP. That is so typical of the ignorant, woefully educated far right.In the wise words of Milton Friedman..."find me these angels that you think will organize society for us".
The student loan acts that allowed banks to loan to the unqualified and then charge huge default interest are the fault of the private sector.