Colleges deceive students financially
Jim Thrasher - Contributing Columnist
John and his parents head to their first college admissions visit. After the tour and interview, they hear the admissions counselor say, “John, we are so impressed with you both academically (John has a low B average) and personally that we want to give you a $15,000 scholarship right up front.” John is immediately overwhelmed by this compliment and scholarship offer. He is taken aback by the thought that they have so quickly and specifically selected him for this grant. He thinks, “they must really be impressed by me and want me to attend their college.” The $50,000 annual price-tag for this college might now be within reach with the help of major student loans. As John continues in his college search, he is consistently offered similar scholarships.
Where has the truth gone?
By Dr. Jim Thrasher
“Want to buy a new car with bad credit? No problem. Come into our dealership and we will get you approved guaranteed! You will be pre-approved in two minutes 100 percent are accepted. You will not be denied, no matter your circumstances. Don’t get unnecessarily hassled by other dealers, you deserve a new ride.”
Really? Have you pondered what these commercials are communicating? Stand back and consider for a moment this scenario. A car sales manager I recently spoke to described the “normal” customer as a person who is in debt up to their eyeballs with an abysmal credit history, and they present themselves as a significant risk for any major purchase or loan. With full knowledge of these facts, this sales manager will always say, “you will be approved no matter what.” Do the basic math and consider historical loan approval criteria. This universal financial decision to approve these loans is sheer lunacy and fantasyland.
republican party of florida and the chairman, jim greer had to step down several weeks ago and resigned, in large measure, in disgrace as a consequence of the controversy and he was hand-picked by charlie crist to run the party and a short time ago the republican executive committee of florida threw jim greer out of the building, greer as an ex-officio member and former chairman still has a seat on the republican executive committee and, well, he showed up for the meeting to discuss what to do about the controversy on spending and the new chairman, jim thrasher and the committee unanimously voted to give him the boot and threw him out of the party an expelled him from the building and the g.o.p. and that is only one small step and next thing ha happens, martha, they ll discuss what documents to release, to the public, as part of the damage control, for this investigation into excessive spending, already, marco rubio has been touched by this and there are allegation he used a republican
year. bill: lawmakers are demanding an explanation for this. rick leventhal leads our coverage. what happened? reporter: incredibly, investigators say as the economy got worse the number of sec attorneys looking at porn on the job skyrocketed, one senior attorney at the sec s was headquarters spent up to eight hours a day looking at and downloading pornography. when he ran out of space he burned files to dvds and kept them in boxes around the office. that guy has now resigned. according to a memo obtained by the associated press the sec s attorney general conducted investigations offer porn alone, many occurring occurring during the financial collapse, the employees violating government ethics rules. darrellista on the oversight and government reform committee issued a statement last night that says in part, quote, this stunning report should make everyone question the wisdom of moving forward with plans to give regulators like the sec even more widespread authority, inex a