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    The Hefty Yoke of Education Loan Debt. Except, this is certainly, for just one style of financial obligation: student education loans.

    The Hefty Yoke of Education Loan Debt. Except, this is certainly, for just one style of financial obligation: student education loans.

    Demonstrably, it is impossible to use loan that is conventional requirements to pupils whom, by meaning, aren’t right now making sufficient cash to settle their loans. Nevertheless the system is at the mercy of abuse by colleges whoever main — if not merely — objective is to obtain their arms in the cash.

    The kind that do a lot of advertising on New York subways — the Department of Education has been trying to come up with a rule to exclude programs that have a clear history of not producing people who can earn enough to repay their loans: a “gainful employment” rule for programs that do not lead to conventional degrees — largely the training programs pushed by for-profit private schools.… Read More...

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