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  1. #1
    Kizmet is offline Moderator
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    new student loan system

    American College of Sports Medicine

  2. #2
    decimon is offline Registered User
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    Quote Originally Posted by Kizmet View Post

    Betsy The Boss may be able to improve the thing but not by much if the money continues to go to frivolous courses and courses of study.

  3. #3
    Kizmet is offline Moderator
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    Quote Originally Posted by decimon View Post
    . . . if the money continues to go to frivolous courses and courses of study.
    . . . all those useless MBAs and JDs
    American College of Sports Medicine

  4. #4
    decimon is offline Registered User
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    Quote Originally Posted by Kizmet View Post
    . . . all those useless MBAs and JDs

    Maybe you have to suffer under who believe a manager is a manager is a manager to recognize useless MBAs.

  5. #5
    LearningAddict is offline Registered User
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    Quote Originally Posted by decimon View Post
    Betsy The Boss may be able to improve the thing but not by much if the money continues to go to frivolous courses and courses of study.
    Not saying I disagree with the principle personally, I just think there is a subjective component to that. The larger issue is giving money to people who can't pay it back and would never be able to get any kind of loan in any other situation. Above that there is the issue of schools admitting people that don't belong in college (can't do basic math, can't read, write, or reason above an 8th grade level).

  6. #6
    Mollydog is offline Registered User
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    I am reading that correctly? Is she looking to dissolve the four current loan servicers listed in the article for something new? What happens to the thousands of employees at those businesses?

  7. #7
    Kizmet is offline Moderator
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    Quote Originally Posted by Mollydog View Post
    What happens to the thousands of employees at those businesses?
    I think you already know the answer.
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  9. #8
    Ted Heiks is offline Moderator and Distinguished Senior Member
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    Quote Originally Posted by decimon View Post
    Maybe you have to suffer under who believe a manager is a manager is a manager to recognize useless MBAs.
    Am I a useless MBA ?
    Theo the Educated Derelict
    BA, History/Political Science, Western State College of Colorado, 1984
    MBA, Entrepreneurship, City University of Seattle, 1992
    MBA, Marketing, City University of Seattle, 1993

    Politics is made from two words: "poly" meaning "many" and "ticks" meaning "blood-sucking insects."

  10. #9
    SteveFoerster is offline Resident Gadfly
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    Quote Originally Posted by Kizmet View Post
    I think you already know the answer.
    They go find real jobs that actually contribute to the economy?
    BS, Info Sys concentration, Charter Oak State College
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  11. #10
    decimon is offline Registered User
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    Quote Originally Posted by Ted Heiks View Post
    Am I a useless MBA?

    If you are not an individual but a category then that is likely so.

  12. #11
    decimon is offline Registered User
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    Quote Originally Posted by SteveFoerster View Post
    They go find real jobs that actually contribute to the economy?

    The 21st Amendment created just such an intolerable situation. Elements of organized crime had to turn to political office for employment. Less fortunate criminals were forced to do as you say.

  13. #12
    heirophant is offline Registered User
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    Quote Originally Posted by Kizmet View Post
    privatization
    The Reuters story you linked to says, "...said it would award a contract to one company for a user platform and a standardized process for handling consumer calls. That would mean abandoning the current system of having four companies service outstanding loans."

    That doesn't sound like a whole "new student loan system" to me, just an attempt to streamline and rationalize customer interaction with the loan process.

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