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Sunday, June 14, 2015

Other Measures of Crisis in Higher Ed

Why I Defaulted on My Student Loans (Lee Siegel) from the New York Times 
"I refused to waste my life to pay back a pointless and overbearing debt. ... Moneyed stumbles never seem to have much consequence. Tax fraud, insider trading, almost criminal nepotism — these won’t knock you off the straight and narrow. But if you’re poor and miss a child-support payment, or if you’re middle class and default on your student loans, then God help you. Forty years after I took out my first student loan, and 30 years after getting my last, the Department of Education is still pursuing the unpaid balance. "

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