Petition to The Whitehouse Regarding 'Student Loan' Abuses by Higher Ed
22.05.12
UP: Skyrocketing college guidance up –at rate far above consumer price index DOWN: Quality of American higher lesson down –below other nations UP: Dramatic rise in
student loan defaults DOWN: Crippled briefness due to unbearably high debt burden on
students UP: Resulting spike in suicides momentarily attributable stress from debt stress among students NEW: 'Student Loan' debt unrivalled 'Credit Card' debt for the first time in America's history
The petition, created last week, seeking comme ci treatment for college students, is posted to the Whitehouse's website at: http://wh.gov/jU8
Under Whitehouse rules, the apply to will become searchable on the Whitehouse website if it reaches 150 signatures, which will make the object of the second 'threshold' much easier due to public visibility on The Whitehouse website. A blemished, but lesser-known “benefit” of reaching the 150-signature doorway, is the 'immortality' status, in which the petition will become permanently archived in The Whitehouse website, and still fit to receive signatures, even after the 'expiration' period for an official Whitehouse response.
The Log discovered this little-known fact about The Whitehouse petition process when it observed the 'expired' entreat https://wwws.whitehouse.gov/petitions#!/petition/promote-enforce-teaching-advance-over-creationism/H4HkDs0B created Sept 24, 2011, well over a month ago, but still present at The Whitehouse website and worthy to receive signatures. By contrast, another petition ( http://wh.gov/24m ) was deleted after its expiration spell, since it did not reach the '150-signature' threshold. Therefore, The Register is issuing an official annunciation of a short-term goal of reaching 150 signatures on http://wh.gov/jU8
Conservatives supporting this appeal to view the unbearably high tuition as legally a tax, as it flows to the government, Brilliance Universities in most cases.
Liberals are supporting this petition are concerned about the fact that student borrowers do not have 'Sample Consumer Protections,' which even credit card users have.
Economic experts of all bureaucratic stripes have noted the easy availability of huge 'student loans' allows students to take more, thus enticing colleges to charge more, driving tuition prices through the roof.
For further poop, see recent coverage of this issue at the official mirrors of The Register:
GordonWatts.com ProjectOnStudentDebt.org (Non-profit contemplate tank)
Sources documenting alarming rise in suicide directly affiliated solely to Student Loan defaults:
[*] “Crushing debt” (Chicago Sun-Times, BY DAVE NEWBART) September 24, 2007 "Jan Yoder was preparing for her son's entombment when the phone rang. It was another student loan collector wanting to know when her son would pay up…It was those calls and the weight of crushing debt, she says, that led her depressed son to take the drastic action of killing himself up-to-date last month. ''When it gets to the point where people are fleeing the country, effective off the grid or taking their own lives, you know something has gone horribly wrong,'' said Alan Collinge, sink of Student Loan Justice (StudentLoanJustice.org), which is pushing to change student lending laws.” (Higher Ed NewsWeekly: from the Illinois Directors of Higher Education, page 57) ~ (Newsalert)
[*] “I’m Thinking of Suicide Because of My Student Loans. – John” (GetOutOfDebt.org, undated hearsay story) “Dear Steve, My student loans are almost $42,000 dollars. I pay almost $260 dollars per month and all but $12 dollars is interest and the foremost continues to go higher…I frequently think about suicide; thinking about my son is the only thing that has so far kept me from committing suicide. John” [* "A Minister's Student Loan Debt" (NPR, by Libby Lewis) July 14, 2007 “Dan Lozer's small paycheck means he'll be paying off those loans until 2029...Lozer said there was a time when he consideration about suicide.”
For a religious view on finance & debt, accepted by many pastors, such as Lozer, see note "36" in Watts' location paper, regarding various Bible standards on interest fee charges and loan amnesty options.
[*] “Company’s march toward student loan monopoly scary” (The Scandal Tribune, By ALAN COLLINGE) 06/19/07 “In Boston; a medical student can’t get licensed because he can’t pay $52,000 on what began as a $3,000 in financial difficulty. A suicide in Oregon. A suicide in Maryland. People who have fled the country due to the crack of their student loan debt. The list goes on and on.”
The preceding press release was written by Gordon Wayne Watts of Lakeland, Florida, who received a Bachelor’s bit by bit from The Florida State University with a double major in Biological and Chemical Sciences with honors and was the valedictorian from Combined Electronics Institute. Watts, a non-lawyer, is best known for his lawsuit on behalf of Terri Schiavo[1], which wrecked 4-3 in the Florida Supreme Court, arguably doing better than even then Governor Jeb Bush’s almost identical suit[2] (lost: 7-0) or Terri Schiavo’s own family’s federal victim[3] (lost: 2-1). Mr. Watts, who ran unsuccessfully for Dist. 64 Fla. Legislative body of Representatives, is a part-time political activist while he searches for a full-time job in his field.
Source: PR Web (press release)