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Esoterica

Colleges Withhold Transcripts From Grads In Loan Default: ‘It’s worse than indentured servitude … When universities withhold these transcripts, students who have been indentured by loans are being denied even the ability to work or to finish their education so they can repay their indenture.’

abaldwin360:

More than ten years ago, Pedro Rodriguez, a talented keyboard musician, came from his colonial homeland of Puerto Rico to go to Temple University. From a low-income family, he depended heavily on student loans to finance his four-year undergraduate study. Graduating summa cum laude with a bachelor’s of music, he went on to earn a master’s degree in music from Temple and then was hired for three years to teach there as an adjunct. By the end of college, he was $62,000 in debt but was making payments regularly until Temple laid him off, allegedly because of budget cuts. That’s when his problems began. (Pedro Rodriguez is a pseudonym to protect his identity.)

Unable to find a job as a music teacher in the current economic crisis, he eventually went into default on his loans, which included Stafford, Perkins and private bank loans. Then this year, he decided to go on to earn a PhD, which would make it possible for him to get hired in his field. He applied to a top-rated university in the Northeast, but when it was time to send his school transcripts, Temple froze him out. “They said as long as I was in default on my loans, they would not issue a transcript!” says Rodriguez.

A spokesman from Temple confirms that it is school policy to withhold official transcripts from graduates who are in default on their student loans. As it turns out, the school is not alone; this is the position taken by most colleges and universities, though there is no law requiring such an extortionate position. They do this despite the fact the colleges themselves are not out the money. They have received the students’ tuition payments in full and are in effect simply acting as collection agencies for the federal government.

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(via youlikemealready)

shescoolforcats

Honestly it’s not fair when “minorities” get all these grants and scholarships and yada yada

kyssthis16:

shescoolforcats:

I say “minorities” because I honestly don’t think of people that way.

Here I am, a super poor white girl in America

And because I am white, nobody wants to give me grants/scholarships.
Da fuck?
I don’t get it.

I don’t think it should depend on what fucking color your skin is to get money from the fucking government or from charities/sponsors or whatever. IT ISN’T EVEN RELEVANT ANYMORE. YEAH, AMERICA FUCKED YOUR GUYS’ GREAT, GREAT, GREAT GRANDPARENTS OVER WHOM YOU DON’T EVEN KNOW UNLESS YOU ARE AN INTERESTING PERSON WHO LOVES THEIR FAMILY HISTORY BUT AT THE SAME TIME YOU UNDERSTAND THAT IT’S SPECIFICALLY THAT; HISTORY, SO IT DOESN’T MATTER ANYWAYS.

JUST DUMB.

I don’t even put somebody’s skin tone as a factor in any sort of relationship, that’s just flat out nonsense, especially in this day and age.

In todays time we shouldn’t be giving specific skin colors, ages, sexual preferences or sexes special treatment. The special treatment should be going to ALL those people with: disabilities, low incomes, single parents, homeless families/children, and ANYBODY who is not given the same opportunities to education as anybody else.
Having a “black person association” where only grants and scholarships are given to black people seems just as… inappropriate as letting only white people use certain buildings, like about 70ish years ago. I just… Meh.

If this seems wrong to any of you guys, please just ignore. My intentions are good, I promise D:.
 

Bitch, are you really that simple? I mean, honestly. Are you serious? If I have to cite this official report from FASTWEB one more time, I will hurt someone. Look, simple bitch. I’ll give you the TL;DR version: WHITE PEOPLE, regardless of socioeconomic status, RECEIVE THE MOST GRANT AND SCHOLARSHIP MONEY BY AND LARGE. That means, maybe you didn’t meet the other criteria to receive said scholarships. You should work on that. Also, if you really think racism is over, leave the planet and take the longest flight to the farthest universe in your everlasting galactic seat. Don’t bother getting up. Not with young Black males gettin’ shot for looking “suspicious” being in major news outlets. Do you read? Hell, do you watch tv? What do you do in your life, homie? I just…..Also, until you can honestly prove that you lost money to a minority, shut the fuck up. Last time I checked, most universities “minority” levels are still low. Barely in the teens. Maybe you overestimated your intelligence. By this stupid ass post, I’d say this is the most likely answer. Grow up. Bye.

deliciousKaek: Contrary to popular belief, taxes are lower under Obama than they were under Reagan.

abaldwin360:

In 1983, when Reagan was trying to get the economy out of recession, revenues were 17.5 percent of GDP. In 2010, when Obama was trying to guide the economy into a recovery, revenues were 14.9 percent of GDP.

Taxes are so low under Obama in large part because of the Bush tax cuts…

(via deliciouskaek)

mint.com
jacquesofalltrades:

sunfoundation: A Visual Guide to US Income Distribution


Ok, so we’ve all heard about the people protesting US wealth  distribution. Are the disparities in our country too great? That’s for  you to decide. In the meantime, we’ve created a visual guide to how one  important aspect of wealth –household income — is distributed  state-by-state. Click on “launch infographic” above to take a peek at  the data.

jacquesofalltrades:

sunfoundationA Visual Guide to US Income Distribution

Ok, so we’ve all heard about the people protesting US wealth distribution. Are the disparities in our country too great? That’s for you to decide. In the meantime, we’ve created a visual guide to how one important aspect of wealth –household income — is distributed state-by-state. Click on “launch infographic” above to take a peek at the data.

(via standupbabe)

timwise.org

Getting What We Deserve? Wealth, Race and Entitlement in America

Everywhere you turn, conservatives are bemoaning the so-called “mentality of entitlement.”

To hear such folks tell it, the problem with America is that people think they’re owed something. Of course, income support programs, nutritional assistance, or housing subsidies have long been pilloried by the right for this reason — because they ostensibly encourage people to expect someone else (in this case, the government, via the American taxpayer) to support them. But now, the criticisms that were once reserved for programs aimed at helping the poor are being applied even to programs upon which much of the middle class has come to rely, like Social Security, Medicare, and unemployment insurance.

Increasingly one hears conservative politicians and commentators arguing for cuts in these efforts as well, and critiquing those who rely on them for health care, retirement, or income in-between jobs. To the right, the elderly and unemployed apparently refuse to do for self….In other words, there’s something wrong with these people: they’re lazy, have the wrong mindset, and need to get out there and show initiative, presumably the way rich people do.

Though this critique is not solely aimed at persons of color, there is little doubt but that the history of growing opposition to social safety net efforts — which were wildly popular among most whites from the 1930s through most of the 1960s — mirrors, almost perfectly, the time period during which black and brown folks began to gain access, for the first time, to such programs. While blacks, for instance, were largely excluded from Social Security for the first twenty years of its existence, and while very few people of color could access cash benefits until the 1960s, by the 1970s, the rolls of such programs had been opened up, and the public perception was increasingly that those people were the ones using (and abusing) the programs. So in large part, the critique of “entitlement” has been bound up with a racialized narrative of the deserving and undeserving, which can be seen, in many ways, as a racist meme.

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(via squeetothegee-deactivated201111)

Boing Boing
maevele:

stfuconservatives:

littleorphanammo:

peachtreekeen:mauricecherry:


Top US foreclosure law firm threw Halloween party where staff dressed as homeless, foreclosed-upon Americans
Talk about a startling lack of empathy….

This type of shit isn’t even startling any more. Assholes.

Unreal.

Wow, FUCK YOU!

The actual fuck, people. 

maevele:

stfuconservatives:

littleorphanammo:

peachtreekeen:mauricecherry:

Top US foreclosure law firm threw Halloween party where staff dressed as homeless, foreclosed-upon Americans

Talk about a startling lack of empathy….

This type of shit isn’t even startling any more. Assholes.

Unreal.

Wow, FUCK YOU!

The actual fuck, people. 

People in the U.S. confuse big government and small government as the only two models. What we need is smart government”. Article describes economic and social policies that work well from Germany, Canada, Australia, Israel, China, Brazil, Thailand and Singapore.

abaldwin360:

Fixing America’s Economy: Nine Ideas from Around the World

By Peter Coy | Bloomberg Businessweek

Democrats and Republicans are dug in like soldiers at Verdun over what to do about the sputtering U.S. economy. Exhausted by the political stalemate, they’ve been reduced to magical thinking, hoping that things will eventually get better by themselves. But time isn’t on America’s side. The country is suffering its highest average duration of unemployment since at least 1948. “The longer this goes on, the greater the danger that the cyclical downturn becomes structural. People and things that lie idle start to lose their productive value. Then you’re into all sorts of troubles,” says Karen Ward, senior global economist at HSBC Holdings (HBC) in London.

[FULL STORY]

(via squeetothegee-deactivated201111)

No Jobs Bill, and No Ideas

abaldwin360:

New York Times Editorial

Republicans are good at shooting down useful economic plans, but have none of their own.

It was all predicted, but the unanimous decision by Senate Republicans on Tuesday to filibuster and thus kill President Obama’s jobs bill was still a breathtaking act of economic vandalism. There are 14 million people out of work, wages are falling, poverty is rising, and a second recession may be blowing in, but not a single Republican would even allow debate on a sound plan to cut middle-class taxes and increase public-works spending.

The bill the Republicans shot down is not a panacea, but independent economists say it would have a significant and swift effect on the current stagnation. Macroeconomic Advisers, whose forecasts are often used by the Federal Reserve, said it could raise economic growth by 1.25 percentage points and create 1.3 million jobs in 2012. Moody’s Analytics estimated new growth at 2 percentage points and 1.9 million jobs. Those economists say that Republican ideas for increasing growth would have no measurable effects in the next year.

[FULL STORY]

(via squeetothegee-deactivated201111)

revolutionary-afrolatino

Latinos and Blacks Missing in Occupy Wall Street

angrybrownbaby:

soydulcedeleche:

kemetically-ankhtified:

It is no secret that the toxic mortgages — and the practices followed to originate the loans — are a great part of the origin of the crisis, and it is against these practices, among others, that the organizers of Occupy Wall Street protest. Well, according to a recent study by the Pew Research Center, Hispanics* and blacks are among the groups most affected by the mortgage crisis.

According to the study, “in percentage terms, the bursting of the housing market bubble in 2006 and the recession that followed from late 2007 to mid-2009 took a far greater toll on the wealth of minorities** than on whites. From 2005 to 2009, inflation-adjusted median wealth fell by 66% among Hispanic households and 53% among black households, compared with just 16% among white households”. And “about a third of black (35%) and Hispanic (31%) households had zero or negative net worth in 2009, compared with 15% of white households”.

(* Latinos , not hispanics.

**people of color, not minorities)

source»

the bolded= recession for whites,

depression for black and brown folks.

Before I had my child, I didn’t give a flying fuck about the consequences on getting arrested while protesting for causes I believe in. I don’t have someone to watch my kid all the time so I can go to the protests I actually believe in and I am not taking him. Why? Because I don’t want to get arrested and my son taken in by social services. I know I won’t be able to call my son’s father to look for him and god knows if he’ll even be able to find him any time soon. I don’t want to have to go to court to fight for my child and I don’t want them to suddenly “lose” my child. I don’t trust social services to keep my child safe. I remember once a white mom told me she takes her blonde/blue eyed child to protests all the time and never worried about getting arrested. My response? “Must be nice to have that privilege because that was never my life.”

My protest days are behind me now that I have two kids & can’t afford to get arrested. This idea that going to protests is the same kind of risk for POC as it is for white people fascinates me especially when there’s all this proof that a white person with a record has a better chance at employment than a POC with no record.

revolutionary-afrolatino

Latinos and Blacks Missing in Occupy Wall Street

soydulcedeleche:

kemetically-ankhtified:

It is no secret that the toxic mortgages — and the practices followed to originate the loans — are a great part of the origin of the crisis, and it is against these practices, among others, that the organizers of Occupy Wall Street protest. Well, according to a recent study by the Pew Research Center, Hispanics* and blacks are among the groups most affected by the mortgage crisis.

According to the study, “in percentage terms, the bursting of the housing market bubble in 2006 and the recession that followed from late 2007 to mid-2009 took a far greater toll on the wealth of minorities** than on whites. From 2005 to 2009, inflation-adjusted median wealth fell by 66% among Hispanic households and 53% among black households, compared with just 16% among white households”. And “about a third of black (35%) and Hispanic (31%) households had zero or negative net worth in 2009, compared with 15% of white households”.

(* Latinos , not hispanics.

**people of color, not minorities)

source»

the bolded= recession for whites,

depression for black and brown folks.

(via bad-dominicana)