If a law could be passed that would force the university who accepted the defaulting student to swallow one-half of the default on every student loan, I believe that the government-university complex/cabal would soon be over.
Can't do that ... ex post facto law, full faith and credit etc.
I understand that if you make it a "stupid loan tax", it should pass muster.
posted on 11/30/2012 7:00:31 AM PST
by Dr. Sivana
(There is no salvation in politics.)
To: Dr. Sivana
I did not mean to imply ex post facto.
Let the law stand for every new loan application, and watch university financial offices change their position on accepting students that they are pretty sure will never graduate, work productively and pay back their loans.
They could start by eliminating every program that includes the word “studies” — as in women’s studies, native American studies, lgbtx studies,... None of those programs equip a graduate to do anything but teach
women’s studies, native American studies, lgbtx studies,...
posted on 11/30/2012 9:46:23 AM PST
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