Student Loan Fraud (Part I) - page 3

Financial aid scams are on the rise in the United States during a time when record numbers of first-time freshmen are attending college and nontraditional students are returning to school. Due to the... Read More

  1. Visit  That Guy profile page
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    Quote from Esme12
    To be a nurse? even to be an MD....how do they expect to make a payment in excess of $2,000.00 a month EACH just to pay the loan payment I'm speechless.
    No not even to be a nurse. One was for business and the other to become a college professor. No joke. They came out with more debt and nothing to really show for it either.
  2. Visit  ctmed profile page
    1
    BTW, thanks Commuter. My gut, though sometimes it is a bit too blunt, was right on that one. I suppose it would be possible to get something that would pay off that huge debt while skating past like you put in that old article "the alien, bureaucratic" system of legit academia. (I like that. I do think academia is alienated from reality and bureaucratic! But, I read and am not that impulsive, thank goodness!) I am sure, with research, a durn good GPA and GRE, and 10 tons of rejections you could find someone for enough cash who could give you NP or CRNA and would be willing to make another move afterward across the country, but why?


    Quote from That Guy
    No not even to be a nurse. One was for business and the other to become a college professor. No joke. They came out with more debt and nothing to really show for it either.
    Folks die and retire as college professors! You would have to move anywhere, even at a community college in the sticks to get a job like that! Do you blame folks? Professors do not have to punch clocks and will never be publicly humiliated for being 30 minutes late, make a decent salary, and an awesome schedule. Even in the sticks, I bet you they have 20 applicants unless it is a trade school where you need actual experience requirements.

    Business is a bit more arcane. That could be anything from being the Whopper Flopper watcher to running a large distribution company. Unless you know folks and have experience, I doubt even a MBA will start out with the layout job as everyone's boss with perks and respect.

    As I said, who is ripping off whom.

    Maybe we should instead getting the pitchforks and torches out over a few folks that took advantage of the system that tried to mess them really look at how we place folks in careers. Maybe the lies can stop, and we can get a realistic picture of who can do what - and even if there is even a slot available. A friend in the military told me they had folks called classifiers that knew every job opening, its requirements, and everything anyone needed to know about that. Not saying we should go all big brother. But, If the counselor was a public servant figure instead of a salesman for a product (college attendance), maybe the problem of "fraud" would be lessened.
    TheCommuter likes this.


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