Here is another video where he elaborates on his plan and insists that we cut up our credit cards. Consumer debt is killing us.... I tend to agree.
Then, Senator Grassley, God Bless his Lovely Soul, put the ABA on the spot with a crazy long and detailed letter where he asked HARD questions about why they are totally fucked up (i.e. accredit law schools at the rate that bees germinate pansies). LOVE HIM. Here are the questions from the letter:
1. Does the American Bar Association compile data on the number of schools which offer scholarships to more students than can statistically retain those scholarships?
2. If so, how many schools, and how many total scholarships are affected?
3. Does the American Bar Association take these “bait and switch” allegations into account in the accreditation process?
4. If so, how?
5. If not, why not?
6. Does the American Bar Association maintain data on the dollar amount of merit based scholarships offered each year?
7. If not, does the American Bar Association plan to begin maintaining this information?
8. Does the American Bar Association maintain data on the dollar amount of merit based scholarships that are revoked after the offeree‟s first year of law school?
9. If not, does the American Bar Association plan to begin maintaining this information?
10. Does the American Bar Association publish data on the amount of first-year merit based scholarships in comparison to the amount of non-first-year merit based scholarships?
11. Does the American Bar Association plan to begin maintaining this information?
12. Has the American Bar Association raised concerns with law schools about the practice of awarding more first-year merit based scholarships than they plan to renew?
13. If so, how has the American Bar Association raised this concern?
14. Does the American Bar Association have any education programs that aid students in assessing whether or not they are borrowing more than they can reasonably expect to repay?
15. Does the American Bar Association have a program to ensure borrowers do not-default on their federally-backed student loans?
16. How many law schools has the American Bar Association provisionally accredited during the last 20 years?
17. Does the American Bar Association maintain this information in a publicly accessible database?
18. How many law schools has the American Bar Association fully accredited during the last 20 years?
19. Has the American Bar Association ever revoked provisional or full accreditation during the last 20 years?
20. If so, how many law schools lost their provisional or full accreditation?
21. From 1990 to the present, has the American Bar Association ever placed a law school on probation?
22. If so, which law schools were placed on probation? 23. Did any of these law schools regain full accreditation? 24. If so, within what time period?
25. When examining candidates for membership on the accreditation committee, what efforts does the American Bar Association make to ensure that membership is balanced between legal practitioners and academics?
26. Does the American Bar Association track the professional background of its committee membership?
27. If so, how does the professional background of committee membership break down in percentage format on committees related to the accreditation of law schools?
28. If not, why doesn‟t the American Bar Association track the professional background of committee membership?
29. Does the American Bar Association track the professional background of the officers that approve or revoke provisional or full law school accreditation?
30. If so, how does the professional background of officers that approve or revoke provisional or full law school accreditation break down in percentage format?
31. If not, why doesn‟t the American Bar Association track the professional background of officers that approve or revoke provisional or full law school accreditationWhoa, I'd hate to be on the receiving end of that letter! In other news, ABA Pres. Zach responded, blah blah blah--bullshit. If you're really concerned with the extent of the lying, here's that shit response. He didn't respond to a single question. NOT ONE.
Contact Senator Grassley and tell him how much you love him.
We have to thank these guys or they will forget that we matter. If you think you matter, and if your life could be made better with people like this looking out for you, then make it your business to CALL or EMAIL THEM TODAY!
Stop it with the apathy. It's very ugly on you!
Posts
Well said. We should all pick up the phone, or write a short email/letter to thank these guys. Furthermore, we should all also contact our own Representatives and Senators and tell them this is a very important issue for us. I'll campaign and vote for anyone that crucifies the ABA. It's my most important issue.
ReplyDeletein case you didnt see it: http://www.washingtonpost.com/business/capitalbusiness/aba-faces-scrutiny-as-job-prospects-debt-levels-for-law-school-grads-worsen/2011/07/21/gIQAjDJ3WI_story.html?hpid=z3
ReplyDeleteI sent a message. I know its just white noise but it made me feel a lot better.
ReplyDeleteI am not in favor of "forgiving" the Guaranteed Student Loans; why should the US taxpayer be on the hook for a student's foolish decision to take a graduate course in macrame or law?
ReplyDeleteNo, stiffing the taxpayer and taking on more national debt due to individual's bad decisions is not the way out. Reducing the amount of guarantee to 50% and forcing the schools to post the other 50% and the schools' 50% would be dischargable in bankruptcy. That would be the answer. It would provide students with a needed helping hand, and the schools would have the absolute incentive of only taking in students who have a reasonable chance of paying their loans back. This would mean the law schools would not only have to monitor the caliber of their incoming classes, but also have a pulse on the job market when the graduates are discharged into it.
Require schools to match the federal loans.
ReplyDeleteFor every dollar in Stafford loan money a student gets, the school must also loan that student a dollar.
The current system places all of the risk on the students. If the degree turns out to be worthless, the school doesn't have to pay back the government and private lenders.
By making the school share in the risk, they'll have a greater incentive to make the degree worthwhile. They'll start making sure their programs make you a valuable asset to future employers.
Many schools have tens or hundreds of millions in their coffers. None of them use that money to finance their students' education.
Uh...BL1Y, that won't happen.
ReplyDeleteWhy?
The purpose of the modern law school is to absorb more student tuition than it needs and send the surplus to the general fund of the university.
I don't think this problem will be resolved until the student loan system basically implodes. Probably by 2025 or so.
It is all so complicated, and in the meantime I wake up every morning, wondering why I bothered to wake up at all.
ReplyDeleteLost in the shuffle I guess.
A systemic thicket. Dark and deep.
This is another good development in a series of fortunate events. By the way, Angel, Hansen Clarke is actually a member of Congress, from Michigan. The title of this entry may confuse some of your readers.
ReplyDeleteJP,
ReplyDeleteI suggested requiring federal loan money to be matched by schools precisely because it's not the type of things schools have to agree to. The federal government, without the consent of the ABA, can set its own rules for how it lends money.
twitter.com/geraldcelente
ReplyDeletehttp://geraldcelentechannel.blogspot.com/
http://www.prisonplanet.com/
http://www.infowars.com
http://www.youtube.com/user/TheAlexJonesChannel
NEW WORLD ORDER
ILLUMINATI
http://www.youtube.com/watch?v=VpZtX32sKVE - College Conspiracy
www.rense.com
www.stevequayle.com/index1.html
Planned economic collapse
Dollar Devaluation
Hyperinflation
Gold price $2000 an ounce
Martial law
http://theinternationalforecaster.com/ - Bob Chapman
ReplyDeletehttp://bobchapman.blogspot.com/
Peter Schiff
Max Keiser
http://peterschiffchannel.blogspot.com/
Howdy folks - wasssssuuuup!! Register with me. I got no jobs, no leads, so what?? At least you will feel like you did summin. Even tho youz will be $4.50 [subway fare] poorer. Still you will git to meet me and who knows maybe you will run into my bevy of ghetto beauties in my parlour. Come on in -- ghetto agency party is ON!!!
ReplyDeleteAngel! You're still not getting through to the media! Kiplinger's magazine is telling people that a law degree is worth the money, and is one of the best 5 graduate degrees to pursue:
ReplyDeletehttp://www.kiplinger.com/slideshow/grad-school-payoff-2011/6.html#top