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Current Events => The DUmpster => Topic started by: Tucker on April 03, 2012, 08:11:20 AM
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Tue Apr 3, 2012, 06:26 AM
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Colleges Withhold Transcripts From Grads in Loan Default
http://www.thenation.com/article/167142/colleges-withhold-transcripts-grads-loan-default
More than ten years ago, Pedro Rodriguez, a talented keyboard musician, came from his colonial homeland of Puerto Rico to go to Temple University. From a low-income family, he depended heavily on student loans to finance his four-year undergraduate study. Graduating summa cum laude with a bachelor’s of music, he went on to earn a master’s degree in music from Temple and then was hired for three years to teach there as an adjunct. By the end of college, he was $62,000 in debt but was making payments regularly until Temple laid him off, allegedly because of budget cuts. That’s when his problems began. (Pedro Rodriguez is a pseudonym to protect his identity.)
Unable to find a job as a music teacher in the current economic crisis, he eventually went into default on his loans, which included Stafford, Perkins and private bank loans. Then this year, he decided to go on to earn a PhD, which would make it possible for him to get hired in his field. He applied to a top-rated university in the Northeast, but when it was time to send his school transcripts, Temple froze him out. “They said as long as I was in default on my loans, they would not issue a transcript!†says Rodriguez.
A spokesman from Temple confirms that it is school policy to withhold official transcripts from graduates who are in default on their student loans. As it turns out, the school is not alone; this is the position taken by most colleges and universities, though there is no law requiring such an extortionate position. They do this despite the fact the colleges themselves are not out the money. They have received the students’ tuition payments in full and are in effect simply acting as collection agencies for the federal government.
The US Department of Education says only that it “encourages†colleges to withhold transcripts, a tactic which the department, in a letter to colleges, claims coldly “has resulted in numerous loan repayments.†But particularly in a time when the real unemployment rate is stuck at over 15 percent, or, if long term unemployed who have given up looking for work are included, at 22 percent, it seems not just heartless, but counter-productive for schools to block their own graduates from obtaining a document they need to move on to a higher degree or to get hired in their chosen field.
Can we use the same figures or are we restricted to the official white house figures of 8.4%?
Brand new campfire.
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But particularly in a time when the real unemployment rate is stuck at over 15 percent, or, if long term unemployed who have given up looking for work are included, at 22 percent,
So is it or isn't it at 15 percent?
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Unable to find a job as a music teacher in the current economic crisis, he eventually went into default on his loans, which included Stafford, Perkins and private bank loans. Then this year, he decided to go on to earn a PhD, which would make it possible for him to get hired in his field. He applied to a top-rated university in the Northeast, but when it was time to send his school transcripts, Temple froze him out. “They said as long as I was in default on my loans, they would not issue a transcript!” says Rodriguez.
Makes sense... if you can't pay the bills you have, why should someone else be on the hook for even more unpaid debt?
I know two people with music degrees. One fixes TVs and the other one works as a network engineer. It's a great scam for the music schools.
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So is it or isn't it at 15 percent?
If the story is about the evil and failures of capitalism, it's 15%.
If the story is about the brilliance of Barack Hussein Obama and why he deserves reelection, it's 8%
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If the story is about the evil and failures of capitalism, it's 15%.
If the story is about the brilliance of Barack Hussein Obama and why he deserves reelection, it's 8%
(http://1.bp.blogspot.com/-vOkXUKSsbXM/TV7bkVJJr9I/AAAAAAAABcE/xEzG296eI8g/s1600/Liberal+Moron2.jpg)
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I'm still trying to figure out how a music degree justifies over $60K in debt.
Hell, in-state tuition and fees at one of the best public engineering schools in the nation (Georgia Tech) is barely $10K/year.
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I'm still trying to figure out how a music degree justifies over $60K in debt.
Hell, in-state tuition and fees at one of the best public engineering schools in the nation (Georgia Tech) is barely $10K/year.
Pot is 200 oz? (just a guess)
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I think being anal over the couple of bucks to print and mail school transcripts (which they can charge for upfront) is counterproductive in the big picture. Sure the guy is in default on student loans so make it harder for him to get a job so he can repay the debt.
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I paid ten bucks for my HS transcripts. I didn't have to pay for my college transcript, but this guy didn't mention how much he was asked to pay.
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I paid ten bucks for my HS transcripts. I didn't have to pay for my college transcript, but this guy didn't mention how much he was asked to pay.
From his post, I think they wanted the account brought up to date.
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From his post, I think they wanted the account brought up to date.
Well then I guess he better start forking over some money.
For so many people with so many graduate degrees, these people sure are dumb.
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Yes I watched a news report a few weeks ago about schools doing this. Holding back transcripts until accounts are brought current. It was actually something I thought the feds were enforcing.
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From his post, I think they wanted the account brought up to date.
Why didn't he get his transcripts when he had a job and had his loans paid up to date?
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Why didn't he get his transcripts when he had a job and had his loans paid up to date?
He didn't need them while employed. He needed then to advance beyond his masters after he got laid off fired. He decided to go for his doctorate.
Laid off is DUmmy broccoli speak for fired.
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Why didn't he get his transcripts when he had a job and had his loans paid up to date?
Cause you just said JOB!
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I bet you all anything that he just went into default and didn't bother calling the people that were handling the loan. I lost my job a while ago and had an issue keeping up with bills for a while and those people bent over backwards to help me out. I never went into default and they offered me a deferment for a little while till I got back on my feet.
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But particularly in a time when the real unemployment rate is stuck at over 15 percent, or, if long term unemployed who have given up looking for work are included, at 22 percent,
So the DUChes are quoting a story that demonstrates that the 0bama regime is lying to America about the UE rate. That the real rate, better known as the rate under a republican president, is THREE TIMES the get 0bama reelected rate.
I've talked to some recent grads and their huge loan balances. I put myself through school but drafted and moved furniture. During the school year about 30 hours a week. During breaks and summer about 55 hours a week. Today's kids DO NOT WORK. They don't think they should. That is where a lot of the debt is coming from, living expenses. When I was in school it was lots of Top Ramen, beans and rice, and bargain on sale hamburger, not now. Kids can't be bothered cooking for themselves, they have to have restaurant or fast food.
Also do not expect these kids not to go out and buy $6-7 drinks every other night. The concept of sacrificing is gone. As evidenced by the occupoopers, it should all be given to them. Sadly, we have become victims of our own success, or more apropos our children have.
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...And the "chosen field" deal. Sometimes life throws you a little curveball and you have to go outside your "chosen field" to support yourself on your own damn two feet.
My parents were very practical people, but for some reason they allowed my brother to major in music in college. It was the only thing he loved. So, he lasted one year, woke up to the realities, quit and went to instrument repair school. Loves it and it pays the bills.
This is the second thread on this theme, and I'm starting to get agitated. The subject of this article has nothing but misery ahead of him.
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If the story is about the evil and failures of capitalism, it's 15%.
If the story is about the brilliance of Barack Hussein Obama and why he deserves reelection, it's 8%
Situational unemployment numbers. A nice bonus is, in an owebuma speech, both figures can exist coincidentally.
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...And the "chosen field" deal. Sometimes life throws you a little curveball and you have to go outside your "chosen field" to support yourself on your own damn two feet.
My parents were very practical people, but for some reason they allowed my brother to major in music in college. It was the only thing he loved. So, he lasted one year, woke up to the realities, quit and went to instrument repair school. Loves it and it pays the bills.
This is the second thread on this theme, and I'm starting to get agitated. The subject of this article has nothing but misery ahead of him.
I have to wonder why the federal government hands out loans for these kinds of arts degrees for everyone that asks for them. I suppose we should all go with our "feelings"... then we'll be a nation of unemployed artists, musicians, singers, and atheletes all waiting for that big break while we live off the government and only read at a 5th-grade level.
Yeah, it pisses me off too.
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Having is often far different from wanting.
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I think it's great to be living in a country where your station in life is not determined at birth. Everyone has the opportunity to follow their dream. Some achieve it some fail at the attempt,some by not attempting at all. should one person be denied the opportunity because another person failed.
Sure there are some ungrateful and unrealistic people but unfortunately that pretty much comes with the territory.
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So where's he getting the money to go back to school for the PhD?
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Well now, Pedro, that there sure is some mighty tough shit.
:hammer:
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Oh, wait--and who put themselves in charge of the whole student loan business in this country.
Nevermind, move along, nothing to see here.
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I have to wonder why the federal government hands out loans for these kinds of arts degrees for everyone that asks for them. I suppose we should all go with our "feelings"... then we'll be a nation of unemployed artists, musicians, singers, and atheletes all waiting for that big break while we live off the government and only read at a 5th-grade level.
Yeah, it pisses me off too.
[youtube=425,350]TRY7Wvim8-8[/youtube]
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When is Bela Pelosi going to focus on her talents ?
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So the DUChes are quoting a story that demonstrates that the 0bama regime is lying to America about the UE rate. That the real rate, better known as the rate under a republican president, is THREE TIMES the get 0bama reelected rate.
I've talked to some recent grads and their huge loan balances. I put myself through school but drafted and moved furniture. During the school year about 30 hours a week. During breaks and summer about 55 hours a week. Today's kids DO NOT WORK. They don't think they should. That is where a lot of the debt is coming from, living expenses. When I was in school it was lots of Top Ramen, beans and rice, and bargain on sale hamburger, not now. Kids can't be bothered cooking for themselves, they have to have restaurant or fast food.
Also do not expect these kids not to go out and buy $6-7 drinks every other night. The concept of sacrificing is gone. As evidenced by the occupoopers, it should all be given to them. Sadly, we have become victims of our own success, or more apropos our children have.
Not all kids.
My daughter has to take loans, because even with scholarships and what we can help with, it doesn't cover everything. And she works. As a matter of fact we just got off the phone, and she was lamenting how much it costs to go to school.
So not everyone who ends up with student loan debt is a liberal putz. Sometimes it's a fact of life when parents cant pay for your school.
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Not all kids.
My daughter has to take loans, because even with scholarships and what we can help with, it doesn't cover everything. And she works. As a matter of fact we just got off the phone, and she was lamenting how much it costs to go to school.
So not everyone who ends up with student loan debt is a liberal putz. Sometimes it's a fact of life when parents cant pay for your school.
My daughter is goin' to school to be a pharmacist. You'd think if ya could count pills, ya could be a pharmacist.
Biology, advanced Algebra, physics, history, English, etc.!
She has fed loans to the tune of about 18 grand when she finishes, but will more than likely pay them off her first year of employment. Right now she's a Pharm Tech for Wally World, and has been for over 8 years!.
She tries to work part time, but ends up with at least 40 hrs/week. Seems she's damn good at what she does, and some of her "assistants", miss at least 1 day a week!
Wally World assures her they will give her a job after graduation! She makes around $16/hr right now. After she gets her degree, they're talkin' around $125,000/yr!
These DUmbasses with there feminine studies, art degrees, music degrees, and what ever other lib fantasy, deserve everything they get! **** 'em!
My daughter is workin' her ass off, goin' to school, raisin' 2 girls and keepin' her hubby happy! Her house is a little "cluttered", heh, but that is to be expected givin' the hours she keeps.
These pukes would fall over dead if they had to get a real job!
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When is Bela Pelosi going to focus on her talents ?
What talents are those? Sleeping while hanging upside down?
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My daughter is goin' to school to be a pharmacist. You'd think if ya could count pills, ya could be a pharmacist.
Biology, advanced Algebra, physics, history, English, etc.!
Aw hell naw. I want my pharmacist to actually know something about the medicine I've been prescribed.
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Aw hell naw. I want my pharmacist to actually know something about the medicine I've been prescribed.
Taverner would make a helluva pharmacist.
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Not all kids.
My daughter has to take loans, because even with scholarships and what we can help with, it doesn't cover everything. And she works. As a matter of fact we just got off the phone, and she was lamenting how much it costs to go to school.
So not everyone who ends up with student loan debt is a liberal putz. Sometimes it's a fact of life when parents cant pay for your school.
Okay, Flame--but this douchenozzle graduated with nearly TRIPLE the average amount of student loan debt. TRIPLE. And he's trying to pile on more after having walked away from the first pile of shit he created.
For which you and I are ultimately on the hook, thanks to the Obumbler taking over the student loan industry. Shit's gotta come from SOMEWHERE.
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Taverner would make a helluva pharmacist.
He'd try it first. If he didn't get high, then we could have it.
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College, for the most part, is a scam. The scammiest parts being run by the government.
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Great find Tucker and thanks for bolding the unemployment stats.
Since DU hasn't denounced the unemployment numbers in the article I must assume that they agree with them. This means that DU is admitting that 0 and his bunch is lying. This is a great breakthrough for them and may even deserve to be in breaking news.
Congratulations to the the DUmmies for admitting that their lord and savior is a liar.
Maybe soon they'll be admitting that the U.S. isn't a terrible country, that terrorists aren't freedom fights, that the US military is a good thing, and that killing unborn babies is bad.
Yeah, I know, the chances of any of that happening is about the same as them not ruining holiday dinner for their good and decent family members.
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Taverner would make a helluva pharmacist.
Only if he actually gave it to you instaed of keeping it for himself. :whatever:
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What talents are those? Sleeping while hanging upside down?
I was gonna say "Sleeping with her eyes open.", but I like yours better. :lol:
http://electstevedawes.com
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College, for the most part, is a scam. The scammiest parts being run by the government.
Well, with all the best intentions of making college more accessible, what the Federal student loan program has truly accomplished in the last 20 years is really just to make a degree ten times more expensive, and bloat the liberal arts programs with vastly more money than they are worth in any conceivable way.
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Well, with all the best intentions of making college more accessible, what the Federal student loan program has truly accomplished in the last 20 years is really just to make a degree ten times more expensive, and bloat the liberal arts programs with vastly more money than they are worth in any conceivable way.
Same thing Medicare did to healthcare.
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Same thing Medicare did to healthcare.
I was going to say the same thing.
The reason cost are so high with both college and healthcare is because the freaking Federal government go so involved in both. Now they want to "Fix" them? Yeah ok...
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I was gonna say "Sleeping with her eyes open.", but I like yours better. :lol:
http://electstevedawes.com
I wish I could take credit but it was Dennis Miller who said it.
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Stossel just aired a special on college scams. Having the government involved has predictably made college economics worse.
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When government gets into the business of regulating busnisses it has no business regulating, things turn to s*** in a hurry. Hurts to just read that. :-)
Demanding zero down loans for housing, comes to mind.
Guess who caught the blame, guess who pays.
When funds are free, we all pay.
Doesn't matter if it's school, housing or medical care.