new student loan system

Discussion in 'General Distance Learning Discussions' started by Kizmet, Aug 2, 2017.

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  1. Kizmet

    Kizmet Moderator

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  2. decimon

    decimon Active Member

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  3. Kizmet

    Kizmet Moderator

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    . . . all those useless MBAs and JDs
     
  4. decimon

    decimon Active Member

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

    LearningAddict New Member

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    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. Mollydog

    Mollydog New Member

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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. Kizmet

    Kizmet Moderator

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    I think you already know the answer.
     
  8. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

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    Am I a useless MBA?
     
  9. SteveFoerster

    SteveFoerster Resident Gadfly

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    They go find real jobs that actually contribute to the economy?
     
  10. decimon

    decimon Active Member

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

    decimon Active Member

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    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.
     
  12. heirophant

    heirophant Member

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    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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