Friday, August 20, 2010
Debt Repayment
The topic of debt repayment and the private, for-profits schools has been in the news lately. For those of you that might be following this more closely than the major networks, there is some worry on Capital hill regarding how students from for-profits schools are more likely to default on their loans. However, the same study that cited this information also stated that the elite Ivy League schools have the highest percentage of students who pay back their student loans. Public schools, well, it seems that there are students who default on those loans as well. Seems that once again, much of what is reported in the mainstream press is only reporting a portion of the information. One just wonders how much of the "news" is just entertainment. I think the last thing educators want to have happen is being micro-managed by the feds. I'm for regulation, but it seems that the current demonstration's actions seem to go back and forth between nothing. What happened to getting the economy back or all of the other false promises? Oh, I'm sorry, it seems that the president made a number of contradictory remarks, so that promises could be avoided. Politics and everything that goes with it are disgusting.
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