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In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

nytimes.com

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Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#4
post #2

"Ms. DeOliveira-Longinetti, who co-signed on the loans, was shocked and confused." Be careful when co-signing any loan.

The article calls this abusive loan-sharking at the behest of the state's evil Goldman Sachs overlords. But the woman co-signed her son's loan. What did she think that meant?

Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#6
School is for suckers anymore. Who in their right mind would put themselves through what amounts to institutional training for a life of future labor, middle class if you're lucky, working for a corporation as an at-will employee?

You've paid thousands and given up four years of your youth, and for what? To go to work (if you're lucky for many) for a big corporation making a select few wealthier? Meanwhile your salary is barely enough to make only but marginal dents in the debt you now owe.

You struggle to find meaning in your life, as you battle politics, desperately try to stay relevant in an environment of anxiety and fear; your peers are just as worried as you.

There needs to be an awakening where we stop telling our kids the "one way" to happiness and the dream is through an expensive undergraduate education. Sure, if you want to go to school to learn something, go...but something tells me, that to the architects of this system, education is the least of the priorities.

Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#7
post #4
post #2

"Ms. DeOliveira-Longinetti, who co-signed on the loans, was shocked and confused." Be careful when co-signing any loan.

The article calls this abusive loan-sharking at the behest of the state's evil Goldman Sachs overlords. But the woman co-signed her son's loan. What did she think that meant?

Yeah it's pretty straightforward to pair a loan like this with life insurance (which is not only cheap for someone of college age but also generally requires no medical exam).

Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#8

School is for suckers anymore. Who in their right mind would put themselves through what amounts to institutional training for a life of future labor, middle class if you're lucky, working for a corporation as an at-will employee? You've paid thousands and given up four years of your youth, and for what? To go to work (if you're lucky for many) for a big corporation making a select few wealthier? Meanwhile your salar…

What is your alternative?

Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#9
post #2

"Ms. DeOliveira-Longinetti, who co-signed on the loans, was shocked and confused." Be careful when co-signing any loan.

You mean, "Don't co-sign any loan"? You might as well get a loan yourself, then sub-loan to the person you wanted to co-sign with...

Re: In New Jersey Student Loan Program, Even Death May Not Bring a Reprieve

#10

School is for suckers anymore. Who in their right mind would put themselves through what amounts to institutional training for a life of future labor, middle class if you're lucky, working for a corporation as an at-will employee? You've paid thousands and given up four years of your youth, and for what? To go to work (if you're lucky for many) for a big corporation making a select few wealthier? Meanwhile your salar…

man, K-12 is no more. K-16 is the bare minimum to function in the current civilization. Obviously this new reality should be reflected in school organization, i.e. whole K-16 should be covered by the public.
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