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Why I Defaulted On My Student Loans
The New York Times ^ | June 6, 2015 | Lee Siegel

Posted on 06/06/2015 5:11:30 PM PDT by Benito Cereno

click here to read article


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To: Mr Rogers

Nah they just went after his mother


101 posted on 06/07/2015 12:06:32 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Snickering Hound

Lol!!!!


102 posted on 06/07/2015 12:07:50 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Benito Cereno

In the USA art scene, defaulting on student loans sometimes seems to be a badge of courage.

The moral problem with defaulting on a bank is that the bank has shareholders who collectively granted the loan in good faith. If the bank becomes insolvent, the shareholders are damaged financially. That means that their children could be blocked from attending expensive private colleges and thus being required to give up their vocational dreams and taking jobs that they do not want by the actions of selfish and dishonest people like the author.

Anyway this guy probably has plenty of other liberal writer colleagues eager to pat his back for publicly confessing to be a deadbeat— enough to make one sick at the thought of how many of them there probably are.


103 posted on 06/07/2015 12:27:46 AM PDT by SteveH
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To: Ouderkirk

Good, inspirational story. I hope you finally got a girlfriend. :)


104 posted on 06/07/2015 4:08:58 AM PDT by PLMerite ("The issue is never the issue. The issue is the Revolution.")
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To: Benito Cereno

I would shun this parasite both in my professional life and in my personal life. I would never pay to read his writing and didn’t even give the web site a click to see his rationalization for refusing to pay his debts. I would never buy anything from him, hire him, or sell anything to him. He is what is wrong with America - the role model for Obama voters. I hope he finds a nice guy to settle down with so his values and his genes can die out.


105 posted on 06/07/2015 4:49:28 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Benito Cereno

He’s a thief, plain and simple. He needs his @$$ kicked.


106 posted on 06/07/2015 9:24:07 AM PDT by JimRed (Excise the cancer before it kills us; feed & Ifwater the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: edh

No way; he’s over 50? And still rationalizing his blatant theft? I suppose he thinks his word is good. Try again, butthole.

Here’s something to raise the hair on your arms: punks like him are writing for Common Core. The crap my son has brought home in 5th grade is so childish and has the same kind of warped morality. I happened to see an ad for writers on Craigslist where they actively seek (and pay crap $ for) writers to put out little essays according to CC guidelines. Then the crap my son brings home made more sense.

These people are why we can’t have decent presidents.


107 posted on 06/07/2015 9:56:20 AM PDT by Yaelle ("You're gonna fly away, Glad you're going my way... I love it when we're Cruzin together")
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To: Yaelle

I have a 1.5 year old that will hopefully be homeschooled. I could teach anything but a foreign language (maybe a year or two of Spanish, but last time I typed something into Google Translate in Spanish, I was completely wrong ... and it wasn’t Translate’s fault :-) ).

There is no frigging way he’s getting subjected to that garbage. If that means that colleges won’t accept him around that time, fine! I’ll hire him as I plan on working until the day I drop dead :-).

The alternative is public school, but teach him how to handle these douchebags as it could be culture shock if he doesn’t get to experience them until he enters the real world.

I am so sick and frigging tired of everything that deals with these imbecile liberal pansies. They’re as disgusting as their pathetic screed reads.

Someday I *might* understand that mental trigger that makes you feel both vastly superior to another human being and compelled to force your beliefs onto others come hell or high water. You’d think people would realize that collectivism doesn’t work simply due to the fact that millions of people have to die for it to be instituted!!!

One exception to that might be Isreal with their Kibbutzes ... but most of Europe kept killing each other for the first half of the 20th century only come out of it in various shades of socialism (ironic seeing that most fascists and communists were on the same page fundamentally ... kind of shows you the megalomaniac mentality that has run run that form of “government”). Most of Asia that worships a dear leader or dear party saw millions die. Most of South America is in chaos as that nonsense, antiquated school of thought is imposed on people.

Sure we fought a revolution here in the USA in our early days, but the end goal didn’t involve “glorious collective of people and workers” or other tired, trite slogans that make we want to contract Ebola on purpose.


108 posted on 06/07/2015 10:24:26 AM PDT by edh (I need a better tagline)
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To: Sooth2222
Compared to today's prices, college 30 years ago was a relative bargain. I suspect that the quality of the product was better, too. But 30 years ago, the colleges didn't have 15 bazillion deans and assistant deans, or "world-class" exercise/recreation facilities. They couldn't afford it.

You could replace most college by videotaping the best lecturers for a year or two, and putting the result on Youtube. Of course, that would implode the education gravy train, and defund a lot of the Lefties.

Also, they could put the bookstore scam out of business tomorrow. Hard to believe the youth of America hasn't strung up people over the $200 textbook that could be digitized in a millisecond, considering that today's video children do everything else on their little digital devices...

109 posted on 06/07/2015 2:07:22 PM PDT by kiryandil (Egging the battleship USS Sarah Palin from their little Progressive rowboats...)
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To: rstrahan

Banks got that added and it’s an utter rip off. What’s so special about that kind of debt?

The problem is that we have values about work and debt that don’t operate well in a socialist political-economy aka crony capitalism. The government is the major cause of the Education Bubble. It happened because central planners decided that ‘blue collar’ work was bad.

They then went on to push college, welfare, illegal immigration and subsidized student loans. I don’t think this guy is a bad guy. The entire game is rigged against people.

When we return to a market-based economy the good old free market, like we had during the Golden Age of America, then I’ll go after guys like this. For now, he’s right.


110 posted on 06/08/2015 9:15:51 AM PDT by 1010RD (First, Do No Harm)
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To: Benito Cereno

I’m sure his wages are being garnished. /s


111 posted on 06/08/2015 9:21:15 AM PDT by <1/1,000,000th%
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