This is a prime example of how corporate lobbying has screwed the both the American people and the economy
Lenders have managed to get legislation passed that makes it next to impossible to get out from underneath a student loan, even with bankruptcy.
This means that even the riskiest loans are virtually no risk to the lender.
In a normal free market situation, the high risk of a loan to a music major would decrease the amount of loans given, which in turn would decrease the popularity of the major and thus the cost of majoring in music would presumably decrease. Instead we now have a situation where there is essentially no upper limit to where the cost of even a "soft" major like music can reach.
As for me, I'm just hoping I'll be able to pay off my own student debt before I reach retirement age.
Sorry to pedantic, but this is Slashdot after all.
Corn syrup is not sugar, and many people believe that it is actually worse than sugar [yeah, I know, citation needed]. If this is the case, it is very bad, since thanks to the corn lobby influencing our tariffs, a lot of our products that used to use sugar as a sweetener now use corn syrup as a cheaper alternative.
Your statement should have read "America is corn addicted and everything we eat has corn syrup and corn starch."
I would love to have been there when this idea popped into somebody's head.
"Hey, bet you can't handle me dripping pepper juice into your open wound"
"Oh yeah? $10 says I can"
*horrible screaming*
This is a rather interesting parallel. It is very similar Roosevelt's Fireside Chats. A political official using a (relativly) new medium to have a one-on-one chat with the nations population. I expect (and hope) that we see some more down-to-earth political blogs soon.
Ah yes, the well known AHSIISHPHC prize...
"Indeed, when human cases of H7N9 are overlaid on a risk map, they appear to fall within the highest risk areas for H5N1."
http://xkcd.com/1138/
Next they'll be informing us of the shocking news that more people get sick in urban areas than rural!
This is a prime example of how corporate lobbying has screwed the both the American people and the economy
Lenders have managed to get legislation passed that makes it next to impossible to get out from underneath a student loan, even with bankruptcy.
This means that even the riskiest loans are virtually no risk to the lender.
In a normal free market situation, the high risk of a loan to a music major would decrease the amount of loans given, which in turn would decrease the popularity of the major and thus the cost of majoring in music would presumably decrease. Instead we now have a situation where there is essentially no upper limit to where the cost of even a "soft" major like music can reach.
As for me, I'm just hoping I'll be able to pay off my own student debt before I reach retirement age.
Sorry to pedantic, but this is Slashdot after all.
Corn syrup is not sugar, and many people believe that it is actually worse than sugar [yeah, I know, citation needed]. If this is the case, it is very bad, since thanks to the corn lobby influencing our tariffs, a lot of our products that used to use sugar as a sweetener now use corn syrup as a cheaper alternative.
Your statement should have read "America is corn addicted and everything we eat has corn syrup and corn starch."
The Brits are searching for an omnipotent being who enjoys toying with entire civilizations? Quite a heady goal...
you think pornoholics would try that hard to simply get porn? not enough of of an offer now aadays. oh god im so drunk
proteinlike backbone
So they're using Wendy's Hamburgers for this? Sounds delicious
Not only that, the thought of ship-wide, all-women underwater pillow fights would definitely keep the moral in the rest of the Navy sky-high!
what my girlfriends thinks about that.
You see, that's how we know you're lying.
Because the internet is a dump truck, not a series of tubes!
No
I would love to have been there when this idea popped into somebody's head.
"Hey, bet you can't handle me dripping pepper juice into your open wound"
"Oh yeah? $10 says I can"
*horrible screaming*
psh, this can easily be overcome by a Tachyon detection grid. n00bs.
This is a rather interesting parallel. It is very similar Roosevelt's Fireside Chats. A political official using a (relativly) new medium to have a one-on-one chat with the nations population. I expect (and hope) that we see some more down-to-earth political blogs soon.
Thanks, Microsoft (geez I still feel wierd saying that....)
Why should you feel weird saying that? I say it all the time. Oh wait, I normally say it sarcastically.