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Message
Almost 20,000 students ask to have student debts erased
Posted on 6/2/16 at 9:07 am
Posted on 6/2/16 at 9:07 am
Reminds me a lot of NFL players suing over concussions.
Wall St Journal
Student borrowers say they were deceived about job prospects
Wall St Journal
Student borrowers say they were deceived about job prospects
quote:
Americans are applying in droves to have their federal student loans forgiven on the grounds they were lied to by their colleges, new figures show.
Nearly 20,000 borrowers have petitioned the Education Department to relieve them of their obligations to repay their federal student loans, according to figures released Thursday by the department. The number has surged since January, when more than 7,000 borrowers had applied for forgiveness.
The borrowers are seeking to take advantage of a decades-old law that cancels student debt for borrowers who prove they were deceived by their colleges. Many borrowers who have applied to the program argue their schools ran advertisements and employed recruiters who cited fraudulent statistics on how many of their graduates found jobs after leaving school.
47
Posted on 6/2/16 at 9:11 am to lsu xman
I get a telemarketer call nearly every day telling me that the government is forgiving student loan debts. I always hang up on them. 2 points I'll make that will sound like brags, but they're not. 1) I make too much money (not a lot, just over the limit for forgiveness im sure) and 2) why would I ask tax payers to pay off a loan that I took out? It's my responsibility.
Posted on 6/2/16 at 9:11 am to lsu xman
While I don't agree with free school, the racket that is required school books, fees, and excessive professor salaries should be addressed. Students shouldn't be extorted because they are at "college."
Posted on 6/2/16 at 9:11 am to lsu xman
quote:
they were deceived by their colleges
Precious snowflakes can never admit mistakes. Pay back your loans, bitchasses. Go learn a trade, go acquire a skill that's in demand. Just quit whining.
Posted on 6/2/16 at 9:12 am to lsu xman
quote:
20,000 students ask to have student debts erased
frick em.
Taxpayers should not be on the hook because you're an idiot.
Posted on 6/2/16 at 9:12 am to lsu xman
frick 'em. I have student loans, and I'm gonna pay them back. I do wish I could get the lower rate they offer now for federal loans, but c'est la vie.
ETA: Colleges are fairly predatory with how they just give out the max amounts available IMO, but that's still not an excuse.
ETA: Colleges are fairly predatory with how they just give out the max amounts available IMO, but that's still not an excuse.
This post was edited on 6/2/16 at 9:14 am
Posted on 6/2/16 at 9:14 am to LNCHBOX
Colleges also inflate the frick out of the cost of attendance figures that they post.
Posted on 6/2/16 at 9:15 am to lsu xman
Worthless individuals. They could've been working 1-2 jobs during school instead of partying. I made it through 5 years of college without any debt so I know it can be done. Why should responsible people have to pay for their college too?
frick them, their ignorance and irresponsibility. You either pay up front or on the back end. Either way, you have to pay.
frick them, their ignorance and irresponsibility. You either pay up front or on the back end. Either way, you have to pay.
Posted on 6/2/16 at 9:15 am to dcrews
quote:
frick em.
Taxpayers should not be on the hook because you're an idiot.
Posted on 6/2/16 at 9:17 am to lsu xman
Do i have to be unemployed to qualify?
Posted on 6/2/16 at 9:19 am to lsu xman
college tuition is a racket in itself
Posted on 6/2/16 at 9:20 am to lsu xman
What about repaying my tuition that I worked for thru school?
Wtf? You took the loan out, now pay it back, you bunch of bitches!
Wtf? You took the loan out, now pay it back, you bunch of bitches!
Posted on 6/2/16 at 9:20 am to wryder1
Do you know how much college tuition is these days? LSU and ULL have "cheap" tuition and it's at $5000 a semester before TOPS. Add rent, books, food, utilities, misc costs and you're talking about $10,000 a semester.
Posted on 6/2/16 at 9:21 am to lsu xman
I would like a breakdown of their majors.
Posted on 6/2/16 at 9:21 am to AUCE05
quote:
While I don't agree with free school, the racket that is required school books, fees, and excessive professor salaries should be addressed. Students shouldn't be extorted because they are at "college."
college isn't for everyone
Posted on 6/2/16 at 9:22 am to lsu xman
Can I ask for the money I paid back...back?
Posted on 6/2/16 at 9:22 am to lsu xman
If they get their loans paid off they should never be able to legally associate themselves with the school that they received their degree from (not on resume or mentioned in an application process/interview).
Posted on 6/2/16 at 9:22 am to lsu xman
As someone who's been paying a thousand a month on my student loans and going without a lot of shite to try and dig myself out of a hole and go back to school in the near future, this pisses me off a great deal.
Posted on 6/2/16 at 9:23 am to wryder1
quote:While I disagree with paying off student debt, considering that I have over $200k myself, that is no longer possible at current tuition prices. You cannot work enough and go to school to pay off the increasing costs of college tuition.
They could've been working 1-2 jobs during school instead of partying
Posted on 6/2/16 at 9:24 am to lsu xman
Your analogy is bad.
The students' foresight is bad as well.
The students' foresight is bad as well.
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