Comments on: Weeds amidst the ivy Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: lebouchon Mon, 23 Sep 2013 15:45:49 +0000 That’s a cheap shot at William Calhoun. He was referring to plaintiff attorneys with nuisance value cases, not student plaintiffs. I was there, as were you. Your interpretation does not even make sense on its face because only a lawyer–not a student–can sidle up to a trough “as often as they can.” A student litigant can only bring one case. A plaintiff attorney can bring cases serially. Cheap shots betray motives.

By: QuietThinker Mon, 23 Sep 2013 14:10:15 +0000 @AlkalineState
I agree completely with you. This is in fact exactly what I have proposed elsewhere. For profit schools must be guarantors of their own students loans.

By: JP007 Mon, 23 Sep 2013 05:08:37 +0000 Ya the 4 profits are just weeds compared to the professional crooks, the non-profit IVs and public colleges that are by and for their pensions, politics, and propaganda. The whole pile is rotten.

By: AlkalineState Fri, 20 Sep 2013 19:51:09 +0000 Cap all federal student loans at 20K. These institutions rely on federal student loans as their primary revenue stream. The federal government is effectively their Only paying customer then. So…. the federal government is in a strong negotiating position with these schools. The schools can take less or take nothing. Never pay their start-out asking price.

By: Kerrroadgirl Fri, 20 Sep 2013 18:22:07 +0000 Most of our state owned and operated public schools do not stress the importance of money management. I called the Ohio State Board of Education and asked them why money skills are not stressed in high school. The person told me it’s because they focus on academics.

A person on welfare is “kept” and has a total lack of responsibility. Money sills are zero because they don’t have to think about paying bills, budgeting, etc.

Let’s put the blame where it belongs, on our public school system and lack of teaching money skills to everyone.

By: AlkalineState Fri, 20 Sep 2013 17:11:14 +0000 You don’t have to shut the for-profit institutions down. But because they are on average, twice as expensive as public schools, and over 90% propped up by federal student loans….. require the for-profit institutions to be co-signers on the loans, up front. Then if the student defaults later, the for-profit school is on the hook to pay the taxpayers back. Bet those fly-by-night degree mills would be a LOT more careful about who they took and what they provided.

By: BeadyEyedGirl Fri, 20 Sep 2013 03:13:38 +0000 I thought I did my research. I thought I was making a good decision for myself. University of Louisville (my hometown) wouldn’t even look at me for enrollment into their school and being an “older” student I needed to keep my full time job to pay my bills (mortgage, cars and such.) ITT was the only thing here at that time. All the things they told me sounded wonderful and right up my alley. But no one tells you that you’ll never make as much as you need with a starting position. No one tells you your loan payments will be $500 a month for blah blah blah years. I graduated with a bachelors in 2010. Now I’m unemployed and don’t believe a word of the lie called the “American Dream”. I was proud to finally get my degree…until I found out that employers look at it like it was toilet paper. And the truth is that the education I received was NOT WORTH what it cost me. What a waste!!!

By: voelker1 Fri, 20 Sep 2013 01:42:53 +0000 @ bsnoaddress: First of all, that is a fantastic handle for someone who works for- (or may even have a major stake in-?) a for-profit “distance learning” educator but perhaps you meant to reveal that more obviously w/ your (otherwise presumptuous) comment “…don’t like bad actors…(many of us…”

I only like actors (read: pretenders) when they’re working in the entertainment industry and then they still have to be pretty good.

In any case, let’s agree this is an opinion column and your input seems equally “biased”. In the event Mr. Matlin indeed simply doesn’t like your business, his article is not without supporting fodder. I for one echo his alleged distaste of this (still very young) trend in higher ed.

I graduated from a state-supported school 7 years ago and am still paying down my student loans with a decent salary every month, so there’s my bias.

I do not have a problem with anyone, richer or poorer, finding a way to the same (accredited) achievements I did with, as Mr. Matlin puts it, the luxuries of increased convenience and efficiency (a biased writer probably would have used EASIER but this doesn’t have the same meaning).

I do have a problem with any inkling of a sniff of what some summarize as predatory lending and I am well aware, beyond a shadow of a doubt, that the for-profit market is still wrought with this.

My best friend from childhood works for the highest-ranked (full disclosure: by the Fed – more bias!) student loan servicer in the US. He tells me some incredible stories of the people they encounter on regular occasion.

The most desperate and disheartening of them are (almost) always pupils of for-profit institutions, some of which have recently graduated, and some who have recently dropped out.

I do disagree w/ Mr. Matlin’s negative characterization that the tired old dream of “anyone, given a chance, can make something happen” is dead.

I’ll give you a hint; it’s not. And then I am going to disappoint probably every jaded American who reads this by claiming (warning: OPINION!) it lives in the hearts and souls of responsible, dedicated parents, who, regardless of ANY of their circumstances, strive to give their children EVERY incentive to excel academically early on and ensure they stay in school later on.

That dream can be passed on to disciplined children who later match their parents’ passion and endeavor to apply and be accepted to a public or private non-profit school where they can (likely) study and graduate for less $ overall.

I just had my first child, a boy, who I intend to (attempt) to pass this dream on to.

GOOD LUCK bsnoaddress

By: Engorged Thu, 19 Sep 2013 20:59:28 +0000 So tired of all this. Cut defense spending in half, close corporate tax loopholes, put in place a small securities trading tax and double the income tax rate on the top 1-3%. That will give us approx. $1.5 TRILLION a year to spend on the very basic societal rights of healthcare and education. And don’t tell me the economy would fall apart…. the economy would do fine and actually improve significantly over the long haul. Ahhh…..if only I were king for a day.

By: AlkalineState Thu, 19 Sep 2013 20:37:57 +0000 If you found out your ‘ordained minister’ had simply bought a piece of paper online for $30 instead of going through seminary school and normal ordination….. wouldn’t you be a little skeptical?

And if their response was, “well those seminary schools are really hard. Tons of reading required”….. you might still attend church there, but the minister would always carry the taint of loser. Especially when he asks for a raise.

Now make that $30 minister certificate into a $30,000 ‘Masters in social work”…. and you have a University of Phoenix analog.