{"id":43331,"date":"2014-04-24T05:00:17","date_gmt":"2014-04-24T10:00:17","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=43331"},"modified":"2014-04-23T21:09:19","modified_gmt":"2014-04-24T02:09:19","slug":"and-im-here-to-help","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=43331","title":{"rendered":"“…And I’m Here To Help…”"},"content":{"rendered":"

Joe Doakes from Como Park emails:<\/p>\n

College costs too much so students take loans. But there are no jobs so graduates can’t repay the loans. But the federal government made the loans so they cannot be discharged in bankruptcy.<\/p>\n

An alternative is for private investors to offer to pay your college in return for your promise to work for them in the future. <\/span>Some already are doing this<\/a>.<\/span><\/p>\n

Senator Marco Rubio (R-Fla) wants national legislation to legitimize the program and add safeguards.<\/span><\/p>\n

Cripes, you can’t even trust Republicans to keep their greasy mitts to themselves. Look, Marco, you’re a US Senator. The US Government student loan system is busted. You are one of 534 people in the world who can do anything about it. But no, you’ve got your eye on “helping” private investors and students use an alternative arrangement. They wouldn’t need an alternative arrangement in the first place, if you were doing your job and fixing the busted system.<\/span><\/p>\n

Joe Doakes<\/span><\/p><\/blockquote>\n

The idea – investors “investing” in students in exchange for future earnings – is a fascinating one.<\/p>\n

The Fed’s involvement will quickly make it a hopeless mess.<\/p>\n","protected":false},"excerpt":{"rendered":"

Joe Doakes from Como Park emails: College costs too much so students take loans. But there are no jobs so graduates can’t repay the loans. But the federal government made the loans so they cannot be discharged in bankruptcy. An alternative is for private investors to offer to pay your college in return for your […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,69],"tags":[],"class_list":["post-43331","post","type-post","status-publish","format-standard","hentry","category-education","category-socialism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43331"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43331\/revisions"}],"predecessor-version":[{"id":43333,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43331\/revisions\/43333"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43331"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}