In response to:

As Student Debt Reaches Record High $27K, Half of Grads Underemployed

BlakeTPA Wrote: Feb 03, 2013 8:14 PM
This ridiculous and ill-informed blog posting is full of misleading statements. Celia Bigelow should be thankful that defamation laws aren't as strict in the media context. Otherwise, she would have to actually put forth some effort in determining whether her statements are true. Celia's low standards for factual investigation and analysis really aren't surprising given that she graduated from a low-ranked school like Hillsdale College. The fact that she couldn't go to a better school makes me wonder if this explains why she lashes out against other students and educational institutions in such a belligerent and irrational way.
anonymous1329 Wrote: Feb 04, 2013 12:22 AM
where is the defamation?
where is the malice?
all of the officals referred to in the posting are public officals: no malice = no defamation
As far as Hillsdale being a low ranked college, The American Council of Trustees and Alumni gave them a "B" rating, only 21 schools received an "A" rating and not one Ivy League school was in the 21.
BlakeTPA Wrote: Feb 04, 2013 1:42 AM
It's not my opinion that defamation occurred, and I didn't say that. I said she's lucky defamation standards are weakened in the media context, because she would actually have to stop being lazy and do some investigating before she makes false accusations and false statements.

And Hillsdale sucks. The U.S. News rankings matter most.
anonymous1329 Wrote: Feb 04, 2013 5:46 AM
defamation standards are not weaken in the media context, it all depends on whether that person is a public or private person. A public person has to meet a higher standard for defamation than what a private person has to meet.

U.S.News rates everything but what matters and that is the quality of the course of study, that is why The American Council of Trustees and Alumni ratings are more important.
BlakeTPA Wrote: Feb 04, 2013 8:19 PM
We are splitting hairs here. A lot of people enveloped in the media context are public figures. But my larger point is that this article -- while it recognizes and addresses major problems like increasing student debt and rising tuition -- is intellectually dishonest by blaming the origins of these problems on a single politician. I'm no fan of Obama, but I also prefer truth over distortion. The student loan debacle was unfolding before Obama took office and it will probably continue to worsen after he leaves. By blaming and sliming Obama, this article distracts from the real issues and the needed solutions. I regret that seemingly every major issue today is politicized.
BlakeTPA Wrote: Feb 04, 2013 8:27 PM
This article belongs in the trash heap of misleading, pseudo-intellectual and politically motivated nonsense.

As for Hillsdale College, I really don't care what it is ranked, just as nobody else cares. I don't doubt that, in the grand scheme of things, it is a respectable institution. But come on, do you really think it is better than the ivy league schools? You're drinking the cool aid.
mhubbard Wrote: Feb 03, 2013 9:00 PM
The facts are that college tuition is skyrocketing and students need to take out loans to pay for it. Obviously, you went to a college that didn't teach you the commensense part of living an adult life. What she didn't go on to state is graduates without jobs are deferred on their loan repayments(Obama). That didn't happen when I was in college. Also what she didn't state is that Obama has changed the law to where if you don't have a job for 25 years after graduating from college, your loans are forgiven. Back when the state of Alaska forgave one yuear of repayment for each year you lived in the state(after graduating), the federal government got involved. They said that the state couldn't do that. It turned it into a
mhubbard Wrote: Feb 03, 2013 9:01 PM
gift and that the grads were responsible for paying taxes on the forgiven part. This was not put in the news nor the loan repayees informed. Thus many of us owed back taxes on the monies as well as the taxes. Are they going to do the same when the federal gov't says that the loan is forgiven? Doubt it.
BlakeTPA Wrote: Feb 04, 2013 12:22 AM
The Obama Administration didn't create the 25-year repayment/forgiveness program. The Bush Administration and Republican Congress did. The Obama administration simply tweaked the program and reduced the repayment period to 20 years, among other things.

Also, the program isn't set up to reward people who don't work for 25 years. For people in the program who don't work for 25 years, they will owe a 6-figure tax bill when their loans are "forgiven." How is that a reward? And yes, the "forgiven" loans are taxable under the current system.

Don't let Celia Bigelow and other idiots misinform you about the facts. The issues are much more complicated. You have a brain. Use it.

What self-respecting parent would give their kid a credit card if they knew they were going to max it out and not be able to pay it back? Hopefully, no one. In fact, as a responsible parent you would probably teach your children the opposite habit--responsibility.

This paternal irresponsibility is what is occurring on a larger scale with the federal government and the student loan industry. President Obama has earned himself a failing grade in responsible parenting.

FICO released a new study that analyzed 10 million credit files to find trends within the student loan industry. The group concluded...