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Student must repay $350,000, court says
Minneapolis StarTribune (aka The Red Star) ^ | 7/15/09 | Jenna Ross - Staff Reporter

Posted on 07/15/2009 12:19:28 PM PDT by MplsSteve

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For those of you geographically inclined, Grand Marais is on the North Shore of Minnesota - right on Lake Superior. It's a great place to live - if you can handle the mind-numbing (physically and mentally) long winters.

So, is this guy a never-do-well type who's just trying to avoid paying for his mistakes or does he have a legitimate out by claiming bankruptcy?

Comments or opinions - anyone?

1 posted on 07/15/2009 12:19:28 PM PDT by MplsSteve
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2 posted on 07/15/2009 12:20:30 PM PDT by MplsSteve
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To: MplsSteve

Sounds like he went to rich, private schools to get his JD and wants us the court to feel sorry for him because there are already too many stinking lawyers in this country.


3 posted on 07/15/2009 12:22:58 PM PDT by Tamar1973 (http://koreanforniancooking.blogspot.com/)
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To: MplsSteve
Jesperson has a law degree

He's a lawyer. Make him pay double!

4 posted on 07/15/2009 12:23:07 PM PDT by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: MplsSteve

You said — Comments or opinions - anyone?

Ummmm..., about the only thing I can say is that I used to live a couple of miles from Lewis and Clark Law School, when I was in Lake Oswego... :-)


5 posted on 07/15/2009 12:23:09 PM PDT by Star Traveler (The God of Abraham, Isaac and Jacob is a Zionist and Jerusalem is the apple of His eye.)
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To: MplsSteve

A student loan is an investment in your future. It’s akin to any business that takes a financial risk to achieve a later return on that investment. This clown took a risk and screwed it up via alcohol. The fact that it took 11 years to complete his undergraduate degree says a lot!


6 posted on 07/15/2009 12:23:56 PM PDT by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: MplsSteve

I had always thought that if you could get a law degree (and pass the bar for your state(s), I suppose) you could _always_ find _something_ to do with it, even if it wasn’t high-dollar and fancy. Help others put together legal doucments, for example.


7 posted on 07/15/2009 12:25:08 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: MplsSteve

In all those years of “higher education” the guy never reached a point where he understood the term “LOAN?”


8 posted on 07/15/2009 12:25:17 PM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: MplsSteve

He’s saved that $350k already in court costs. Now he can pay it back.


9 posted on 07/15/2009 12:25:22 PM PDT by domenad (In all things, in all ways, at all times, let honor guide me.)
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To: MplsSteve

One more thing...

Since he is a lawyer he should be given the option of paying back the $350K loan with interest or doing society a favor via a public hanging.


10 posted on 07/15/2009 12:26:09 PM PDT by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: MikeWUSAF

It took me six years to get through undergrad. But I had the VEAP behind me and I worked through school and summers on paid internships and other jobs. When I graduated, I had little money and TWO undergraduate degrees—but NO DEBT!


11 posted on 07/15/2009 12:28:30 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: MplsSteve

There’s a reason student loans are not dischargeable: they’re presumably used to acquire knowledge and skills and the lender can’t take back. Discharge would let him escape the loans while keeping the skills.

Maybe he should have considered whether he was learning anything useful before taking out $350,000 in loans. The lenders should probably have also considered this, since they’re not about to get this loan repaid even if he’s not allowed to discharge it.


12 posted on 07/15/2009 12:30:43 PM PDT by Arguendo
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To: BradyLS

...Or teach idiots how to spell ‘documents!’


13 posted on 07/15/2009 12:30:47 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: MplsSteve

My comment and opinion: he needs to go to work and pay his debt.

Shame on him for wasting that much of our money just to become a drunk and deadbeat.


14 posted on 07/15/2009 12:30:54 PM PDT by Jedidah ("Those who cannot remember the past are condemned to repeat it." George Santayana)
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To: MplsSteve
"The system's set up as such that most people -- people like myself -- cannot complete a professional degree without the help of student loans,"

Somehow, people ARE able to do so without running up $350,000 in money they can't pay back, you pathetic carbon blob.

Now buck up, there's a lot of houses that are gonna need to be painted in order to pay back the money you owe.

Bonehead.

15 posted on 07/15/2009 12:31:32 PM PDT by End Times Sentinel (In Memory of my Dear Friend Henry Lee II)
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To: MplsSteve
The fact that student loans are d@mned near impossible to get rid of is what makes them easy to get and attractive to investors.

An alcohol or drug problem naturally throws a monkey wrench into repayment plans and this guy should--no MUST--get into recovery and face his responsibilities.

On the other hand, if a person has a permanent disability (physical or mental--and alcoholism and drug abuse don't qualify), there is IIRC a mechanism for discharging student loans.

Unfortunate (or fortunately) for this dude, being a "neer-do-well" isn't a career option.

16 posted on 07/15/2009 12:32:23 PM PDT by SonOfDarkSkies (Obama: "Enough about me, let's talk about you...what do you think of me?")
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To: MplsSteve
is this guy a never-do-well type who's just trying to avoid paying for his mistakes

Yes. He racked up 350K in student loans over 11 years by living off the loans while partying.

17 posted on 07/15/2009 12:33:42 PM PDT by Valpal1 (Always be prepared to make that difference.)
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To: MplsSteve
"If You Think Education is Expensive Try Ignorance"

This guy doubled down!

18 posted on 07/15/2009 12:34:04 PM PDT by the_devils_advocate_666
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To: MplsSteve

He never worked a day in his life until now. 11 years and $350,000 in school loans says he was taking the maximum amount to cover his living expenses. My kid just finished, went through 4 years,( all out of state btw)and has managed to accumulate all of $12000 in student loans. NO sympathy from me. AND this guy became a LAWYER, should have just taken a life insurance policy out on him and shot him to pay off the loans


19 posted on 07/15/2009 12:34:26 PM PDT by the long march
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To: MplsSteve

tell him to sit tight because Obama has hidden provisions in his takeover of the student loan program that will forgive most of it at some future date


20 posted on 07/15/2009 12:34:27 PM PDT by Buckeye McFrog
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