tag:blogger.com,1999:blog-3481083477379506990.post6375442663259838659..comments2023-10-30T05:28:11.795-04:00Comments on All Education Matters: Higher Ed Watch: "New Financial Aid Shopping Sheet Standardizes Award Letters—But Will Anyone Use It?"Cryn Johannsenhttp://www.blogger.com/profile/08452412213997621242noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3481083477379506990.post-8812836111430900142015-01-19T12:53:54.537-05:002015-01-19T12:53:54.537-05:00To be honest, I also doubt that this new thing wil...To be honest, I also doubt that this new thing will have some efficiency. I think that only time can show. It is like turning to services like <a href="http://essayonlinestore.com/" rel="nofollow">Essay Online Store</a>: you don’t know if they will work unless you try them out. I know that this comparison isn’t really a good one, but you do understand the meaning behind it. I am voting for everything that can potentially make financial life!!! I will make sure my friends will find out about this featureAnonymoushttps://www.blogger.com/profile/02289686458155052482noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-20750247663977953362012-08-10T13:26:09.226-04:002012-08-10T13:26:09.226-04:00Major problems with IBR! I qaulified for IBR with ...Major problems with IBR! I qaulified for IBR with a payment of zero but within a few months ACS sent me a letter making me recertify within less than a year, which is against the federal rules! They even jacked up the payment beyond the IBR calculator! Honestly, none of these programs are made to help Americans. Americans have to unite and some together because too many students are killing themselves! Murderer James Holmes was once a student who just could not handle his life! Something is seriously wrong with our country when our students go nuts because there is nothing out here for them. We can't do American graduates this way. We have to protect our own. Student from other countries come here and go for free. People from other countries are paid by our government to start businesses but yet we can't because the student loans have ruined our credit. How do I give up my American citizenship? What's it all for? If I knew I could not even get on at the grocery store because of my loans then I would have never attended school period.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-26840481449227226902012-07-30T10:38:44.876-04:002012-07-30T10:38:44.876-04:00July 29th 11:04PM is correct. It is out of the Stu...July 29th 11:04PM is correct. It is out of the Student Loan frying pan and into the IRS fire.<br /><br />In that sense the loan is never really ever "forgiven"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-14209997319872750252012-07-29T23:20:11.893-04:002012-07-29T23:20:11.893-04:00P.S.
Is it just me or is the fact that we're ...P.S.<br /><br />Is it just me or is the fact that we're now being transparent about the cost of college and the truth about student loans an admission that we haven't been forthcoming about this information up to this point? And if it can be considered an admission of withholding vital information, would it be a stretch to say that students were deceived in the past? And does deceit imply that the lender end of the bargain was not satisfied and that these so-called "contracts" were never legit/binding to begin with??<br /><br />Maybe one of the dear struggling law graduates can answer these questions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-47739764361294854042012-07-29T23:04:09.541-04:002012-07-29T23:04:09.541-04:00I agree with Nando. Even if the sheets are implem...I agree with Nando. Even if the sheets are implemented, I wonder if 18-year-olds will understand the repercussions of student loan debt. None of the dangers were ever disclosed to me, but if they had been, would I have been mature enough to understand when I was that age? <br /><br />I hate to say this, but this "too little, too late" crap is getting old. First we make a huge soap opera out of "OMG will they raise the interest rates for new loans??," now we draft up these "honesty sheets" for new borrowers. In my opinion, it's just another way to distract from the real problem - like you said, Cryn, the 36 million people who are falling into total and permanent ruin. <br /><br />These are good steps, don't get me wrong. The fact that the higher ups are finally acknowledging this issue and are aware that unless they pretend to do the "right thing," they're going to have us to answer to, is a move in the right direction. Perhaps we can hope that one day in the future, something big/real will happen because it will HAVE to.<br /><br />I have to agree about the IBR issue. My husband applied for it and was denied over some technicality - one of his loans from 10 years ago wasn't eligible for one reason or another. Furthermore, when most of your debt is private like mine, it's a moot point, anyway. It's additionally concerning to learn that once your debt is "forgiven," it's essentially transferred from the DOE to the IRS, because you now owe taxes on it. There has to be a better way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-78748132416549291082012-07-29T10:48:38.683-04:002012-07-29T10:48:38.683-04:00If it doesn't benefit the "higher educati...If it doesn't benefit the "higher education" pigs, then don't expect them to use this, guys. Colleges and universities have been hijacked by soul-less businessmen who truly do not give one damn about the students or graduates. For them, it is about money.Nandohttps://www.blogger.com/profile/06423524039657355134noreply@blogger.com