Declaration of Occupy Wall Street

[DeafCaroline]

people with 2-years community college would know better not to sign this deal too.

she cannot calculate it without having crucial information from banker. was it 4%? 6%? 20%? You need those variables in order to calculate. So... did banker lie to her?

That's the thing - they will tell you the rates but will they calculate and do the math to explain exactly how much of the capital you would have paid off every month and how much in interest would have been paid for the duration of the loan? N.O.P.E.

 

[jillio]

Texas offers free education for deaf people. Many states VR offer financial assistance. Oh wait... that's taking free money and running away.

There you go. Not everyone is deaf and not everyone qualifies for VR. So, for those that have to take out loans.....

 

[Jiro]

and when you transfer, you generally loose credits, which adds a year to getting a bachelor degree, which, in turn, increases the cost.

Not really.

That would only be a case if you're stupid enough to take courses far in because it's not usually transferable. Handful of my friends at community college and including me did not have any problem with this because we know

Many colleges accept introductory course credits. And students in full university can get it pre-approved prior to taking course at community college.

 

[Jiro]

That's the thing - they will tell you the rates but will they calculate and do the math to explain exactly how much of the capital you would have paid off every month and how much in interest would have been paid for the duration of the loan? N.O.P.E.

isn't that your responsibility?

 

[TWA]

Nah, Like we said earlier....many options. Military, CC/JC, Work Study, Part time student and so on. There are options for those that are motivated to go to school. It may not be the Frat and Keg life they want but it's still an opportunity

You act like these options are just abundant and free to anyone who wants to take them (with the exception of CC and military, which may not always be options). That simply is not true. The fact is, there are far, far more students entering college than there are programs to help them pay for college. All of those programs you mentioned are already utilized and maxed out. Yet there are still tons of students that must take out loans. Are they supposed to magically wave a wand and create a work study program? You really need to get this into your head.

 

[DeafCaroline]

Not really.

That would only be a case if you're stupid enough to take courses far in because it's not usually transferable. Handful of my friends at community college and including me did not have any problem with this because we know

Many colleges accept introductory course credits. And students in full university can get it pre-approved prior to taking course at community college.

You know what would be nice? If there were people like you who can sit down with students about to graduate from high school, give a seminar and said "ok, here's the deal and here are the facts about real life and its realities..."

I really think that should be mandatory in all high schools, an educational seminar about life after graduation, about what jobs are in demand and which are not, about loans, about cost of living as a student, about transferring from CC to college, etc etc.

 

[jillio]

You act like these options are just abundant and free to anyone who wants to take them (with the exception of CC and military, which may not always be options). That simply is not true. The fact is, there are far, far more students entering college than there are programs to help them pay for college. All of those programs you mentioned are already utilized and maxed out. Yet there are still tons of students that must take out loans. Are they supposed to magically wave a wand and create a work study program? You really need to get this into your head.

Not to mention which, work/study has limits, even when the program is available. Can't work over 20 hours a week; pay is generally $10.00 and hour or less.

 

[TWA]

Not to mention which, work/study has limits, even when the program is available. Can't work over 20 hours a week; pay is generally $10.00 and hour or less.

True. Work study is helpful, but it doesn't cover much more than food and beer money. Hey, the kids must have beer!

 

[TXgolfer]

Do you know how much Work Study pays and what the limit on number of hours worked is?

Going part time actually increases the cost of education.

Military isn't an option for the deaf, or for many, many others.

Grants,VR,Scholarships, Charity on and on.....

 

[jillio]

True. Work study is helpful, but it doesn't cover much more than food and beer money. Hey, the kids must have beer!

Damn them! All they do is party their education away!

Tell you what; after a week of classes, writing papers and reading thousands of pages, a good cold beer sounds pretty good!

 

[jillio]

Grants,VR,Scholarships, Charity on and on.....

Grant money covers a amount of school expenses. VR is only available to those with disabilities, scholarships are very competitive, and the most frequent amount of scholarships are $1,000. And outside scholarships reduce the amount of grant money that you are eligible for. Therefore, it does nothing to add to the overall amount you are provided per year. All scholarships are applied first, and then that amount is deducted from your grant eligibility. Charity? Where exactly do you find charity except in the form of private scholarships and loans?

So on...no such thing.

But once again, you are talking about free money. Doesn't have to be paid back. And you are against hand outs?

 

[Jiro]

This is a mortgage officer whose job is to inform me about mortgages, not just to offer me one and tell me what documents I need to supply to qualify for one. When I pressed her on specifics on interests of the loans, she was vague. I had to get the facts myself using HER calculator in HER office in HER bank.

She didn't lie but boy, did she ever try not to inform me about some things that was her obligation as a mortgage loan officer to do. She is obliged by law to answer all questions regarding loans, including the fine print. She did all she could to avoid getting into specifics.

Did she lie? No, did she answer my questions or hedge around them? She hedged around them.

as long as they didn't lie to you.... there's nothing illegal.

and last Friday, I just implemented a feature to our website as per new federal law - Net Price Calculator. Now students and parents can make sure what they're getting into

NetPrice Calculator

 

[jillio]

Grants,VR,Scholarships, Charity on and on.....

Grant money covers a very small amount of school expenses. VR is only available to those with disabilities, scholarships are very competitive, and the most frequent amount of scholarships are $1,000. And outside scholarships reduce the amount of grant money that you are eligible for. Therefore, it does nothing to add to the overall amount you are provided per year. All scholarships are applied first, and then that amount is deducted from your grant eligibility. Charity? Where exactly do you find charity except in the form of private scholarships and loans?

So on...no such thing.

But once again, you are talking about free money. Doesn't have to be paid back. And you are against hand outs?

 

[Jiro]

Nope. Not at all. Just saying it is not the solution for all as you seem to think it is.

Probably much more often than you have. It is still a community college that offers only 1 year certificate programs and associate degrees.

and?

if that's what they want, then that's the place to go. it's better than no high school degree or costly 4-years college degree that they don't need nor want.

 

[TXgolfer]

You act like these options are just abundant and free to anyone who wants to take them (with the exception of CC and military, which may not always be options). That simply is not true. The fact is, there are far, far more students entering college than there are programs to help them pay for college. All of those programs you mentioned are already utilized and maxed out. Yet there are still tons of students that must take out loans. Are they supposed to magically wave a wand and create a work study program? You really need to get this into your head.

Then go part time. Fact is if a student is motivated they will find a way to go. If they chose to take out a loan....That's on them. Choose wisely

 

[Jiro]

And how would you know they would know better, Jiro?

because I used to go there and worked there too?

 

[jillio]

and?

If that's what they want, then that's the place to go. It's better than no high school degree or costly 4-years college degree that they don't need nor want.

smh

 

[DeafCaroline]

isn't that your responsibility?

No, it's the mortgage officer's responsibility to inform you about loans. the thing is they operate by omission meaning they would only tell you if you ask and even when you do ask, they try hard to avoid going into specifics because they know those specifics would scare people off.

 

[TXgolfer]

Grant money covers a very small amount of school expenses. VR is only available to those with disabilities, scholarships are very competitive, and the most frequent amount of scholarships are $1,000. And outside scholarships reduce the amount of grant money that you are eligible for. Therefore, it does nothing to add to the overall amount you are provided per year. All scholarships are applied first, and then that amount is deducted from your grant eligibility. Charity? Where exactly do you find charity except in the form of private scholarships and loans?

So on...no such thing.

But once again, you are talking about free money. Doesn't have to be paid back. And you are against hand outs?

No, I am against loan forgiveness and free tuition for all.

 

[jillio]

Then go part time. Fact is if a student is motivated they will find a way to go. If they chose to take out a loan....That's on them. Choose wisely

Part time increases the cost. And part time students, as well, have to take out loans. Do you actually think that working part time, or any job you hold without a college degree pays enough to cover the cost of tuition, books, and living expenses?