I went back to school in 2001, for a degree in business/finance. The Government allowed me to apply for loans to get a degree in a field that was already not playing by the policies my professors were teaching. How can a system offer to educate me, (offered and based on jobs that would be available once I graduated; knowing the system was already corrupt and damaged) loan me the money to pay for the education, placing me in debt and once I obtained the degree, say, during the time you were going to school, a corrupt system was raping the whole lot, the markets are fixed not free, mortgage back securities are flawed, banks dont have to hold a traditional percentage of deposits because they are selling the risk of loans, lending laws are not ridged like your professors taught you, monetary policy is not what they required you to lean, (so sorry you failed that midterm) etc. etc. etc. and hold me libel for the bill? When a service or product is offered, is there not the responsibility to disclose? Am I wrong to feel like I was duped into accepting a debt when the services I paid for did not disclose the true nature of the American Financial system? Clinton started the mess, the banks jumped on board with the use of derivative bond markets, LIBOR has just been uncovered, and my phone rings asking where payment is, knowing I havent been able to find a job in this market. If I am wrong, help me see the error in my thinking, but to me it seems I was offered the financial backing to obtain a debt, yet the ability to repay the debt was already known to fail.
Student Cannot Find Job, Sues Monroe College Over Tuition
Do Schools Have More Duties Than Merely Providing an Education?
http://voices.yahoo.com/student-cannot-find-job-sues-monroe-college-over-tuition-3941714.html
When students sue their schools because they can’t find jobs
http://www.examiner.com/article/when-students-sue-their-schools-because-they-can-t-find-jobs
Can’t Find A Job After College? Sue!
http://www.theatlantic.com/business/archive/2009/08/cant-find-a-job-after-college-sue/22658/#