#1
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#2
Mike Nelson here.
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let's post our debt loads for "win"
#3
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http://www.usnews.com/education/blogs/student-loan-ranger/2012/03/21/learn-what-the-student-loan-forgiveness-act-could-mean-for-you
#4
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work for the state and they might release you maybe. probably throw you in prison.
#5
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i'm looking forward to the day when we can start trading student debt obligations on the open market. it'll be like the good old days of wealthy patronage, maybe if my students' grades drop I'll threaten to call in the loan and ship them off to a workhouse. gotta keep that investment in shape!
#6
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crustpunk_trotsky posted:
i'm looking forward to the day when we can start trading student debt obligations on the open market. it'll be like the good old days of wealthy patronage, maybe if my students' grades drop I'll threaten to call in the loan and ship them off to a workhouse. gotta keep that investment in shape!



lmao

#7
Harry the Hat
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wow, 1 trillion dollars is a freaking lot of money! personally, im encouraged to see that americans are taking such an interest in education. no wonder we have some of the highest literacy rates in the world.
#8
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#9
Mike Nelson here.
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i might actually get my student debt hacked in half because of special funds for health and shit. but about half of my huge debt is like a non-student loan line of credit sooo.
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#12
Mike Nelson here.
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tpaine posted:
i'm as gay as a two dollar bill.

#13
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#18
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discipline posted:

crustpunk_trotsky posted:
i'm looking forward to the day when we can start trading student debt obligations on the open market. it'll be like the good old days of wealthy patronage, maybe if my students' grades drop I'll threaten to call in the loan and ship them off to a workhouse. gotta keep that investment in shape!

this has already happened

that's why they are pushing loans so hard, it's the new housing bubble. and unlike a mortgage BY LAW you can't wiggle so fast out of this one



im just really hyped for neo-feudalism so I can finally realize my dream to be a knight-errant

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#21
Kurdt
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goat
#22
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#24
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This is the fault of a left-wing pro-education ideology that promises the world but fails to deliver.

It shocks me that people have the nerve to say there’s a “culture of anti-intellectualism” in the country at the same time as millions of millions of mediocrities are wasting their time and dreams on university. We need less intellectualism, not more.
#25
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just suffer a debilitating injury have have your state pay for it, geez
#26
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gonna teach my animekids to build socialism by creating content for the internet
#27
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i'm not sure of the specifics but i'm under the impression that there's much greater involvement in student loans on the part of the federal government than even mortgages. iirc they're all absolutely backed by the government and they even issue many, (even pell grants aside). presumably this was the reason, whether explicit or tacit, for the changes that made it impossible to default.
#28
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#29
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Ironicwarcriminal posted:
This is the fault of a left-wing pro-education ideology that promises the world but fails to deliver.

It shocks me that people have the nerve to say there’s a “culture of anti-intellectualism” in the country at the same time as millions of millions of mediocrities are wasting their time and dreams on university. We need less intellectualism, not more.

agreed. a lot of people are in grad school or getting second business degrees for no reason, what we need are some canal projects, some rural electrification, railroads etc. to get all of this unmobilized ass working.

near where I work there's this weird dilapidated lot with a bunch of rotting greenhouses and trailers on it, I think that's what in Maoist terms is known as "The Countryside," we should send a cohort down to it.

#30
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#31
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Lessons posted:
i'm not sure of the specifics but i'm under the impression that there's much greater involvement in student loans on the part of the federal government than even mortgages. iirc they're all absolutely backed by the government and they even issue many, (even pell grants aside). presumably this was the reason, whether explicit or tacit, for the changes that made it impossible to default.

actually it was trumped up hysteria about sneaky law students and doctors filing for bankruptcy right out of law/med school + "every student should be able to get credit and obviously the only way to do that is to make it non-expungeable." came in gradually, too

#32
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a lot of these loans are government backed but even though the lender gets paid out upon default the debtor isn't released; if the lender succeeds in squeezing a non-nominal amount of blood from the stone, default can be extremely profitable
#33
Mike Nelson here.
Post rating: +

discipline posted:
ahaha I spent like 40 hours in the library this week so far now tell me THAt's not labor discipline!!!

*everyone as a crowd* It's not labor discipline. *stares blankly*

#34
Kurdt
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its an entirely different kind of process, altogether
#35
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eat shit student debthavers
#36
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I hope the fall of western civilization happens before midterms!
#37
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shit thanks for reminding me i have a payment due yesterday
#38
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Ironicwarcriminal posted:
This is the fault of a left-wing pro-education ideology that promises the world but fails to deliver.

It shocks me that people have the nerve to say there’s a “culture of anti-intellectualism” in the country at the same time as millions of millions of mediocrities are wasting their time and dreams on university. We need less intellectualism, not more.

the purpose of academy isnt intellectualism but mere interpellation, nobody comes out of college able to think about things in a way they couldnt have figured out for themselves

#39
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i have no student debt eat shit americailures
#40
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ima just wait until 2050 and ill walk through the holy doors in st peters and bam no more debt. thanks for the doctorate pope