Pros And Cons Of Student Loan Fraud

The essay “Forgive Student Loans?” by Richard Vedder explains why student loans should not be forgiven. His thesis statement states, “Alongside their ranting about the inequality of incomes, the alleged inordinate power of Wall Street and large corporations, the high level of unemployment, and the like, one policy goal ranks high with most protesters: the forgiveness of student-loan debt.” Vedder acknowledges that the actual problem was the creation of federally subsidized loans. These loans increase our national debt; in addition to that, most people pursuing their bachelor’s degree don’t even receive their degree (Vedder 405). He also states the original purpose of the loan was to help the poor, but it hasn’t fulfilled that purpose. Most

Matt Taibbi argues in his Rolling Stone article titled “Ripping Off America: The College-Loan Scandal” that the government is the primary source to blame for today’s appalling inflation rates on increasing student debt. Additionally, he argues that the reason the tuition is so exploitative and unfair, is because it was created to benefit two groups. The first being, “…colleges and universities, and the contractors who build their extravagant athletic complexes, hotel-like dormitories and God knows what other campus embellishments” (Taibbi). Next up, the other group that gains from the current system is the government. This is because, “…the government actually stands to make an enormous profit on the president 's new federal student-loan system, an estimated $184 billion over 10 years” (Taibbi). Further, Taibbi goes onto to state that students often have no idea what they are signing up for with student loans, because not all students have access to the same information. Finally, Taibbi mentioned that “because of the poor job market, young people may have less of a chance than ever to actually get a good job commensurate with their education” (Taibbi). This means that with no degree, students have no chance, but with a degree you are forced down a road of high risk, and at the end you are likely to be left with a ton of debt.

Plaintiffs assert that Defendants’ chemical land farming operation near their homes that are polluting the air violates Subtitle C of the Resource Conservation and Recovery Act 42 and Section 112 of the Clean Air Act. Plaintiffs contend that these human rights violations are demonstrated by the fact that, (1) the Defendants failed to operate their pollution control equipment and (2) the Defendants did not acquire a permit from the United States Environmental Protection Agency or the Louisiana Department of Environmental Quality to store hazardous waste in Alsen, Louisiana.

The citizen suit provision of the Clean Water Act is an important tool to protect and improve rivers, creeks, streams, and wetlands especially as state agencies may not have the resources to conduct regular water quality monitoring on every water body. Citizen involvement in monitoring and reporting pollution problems is key to watershed protection; hereby helping the government enforce the laws.

Student loan forgiveness is a terrible idea. Sure, in an idealistic world it would be great if the country could forgive all student loan debt and thus bring relief to all students across the nation. Realistic? Not necessarily! Instead of the fairytale notion of student loan forgiveness being the answer to all the problems, America would fair better in taking the initiative in making reforms to the educational loan system that are a bit more realistic. Student loans are a massive predicament in the U.S. that can no longer be ignored. The Atlantic 311.2 article “The myth of the student-loan crisis(CHARTIST)(Statistical data)” by Allan, Nicole, and Derek Thompson states that to date student loan debt surpasses all other forms of debt with over a one trillion dollars sum (2013). The United States should stop being complacent on an issue that has affected and ruined so many lives and begin finding ways to relieve the proverbial and ever-present menacing “Student Loan” pitfall.

The Plaintiff filed suit on April 7, 2015, in Livingston Parish for a 2004 loan made to Mr. Hollis thru the CFS Private Education Undergraduate Loan Program by Charter One Bank, N.A. for $26,484.00 with a “Deferral Period Margin of 4.85, Repayment Period Margin of 4.85” and a Loan Origination Fee Percentage of 9.5. Mr. Hollis is enrolled FULLTIME AS A DOCTORAL CANDIDATE at Louisiana State University IN THE Department of _________________. At the beginning of each of the Fall and Spring semesters from 2010 to 2012, Mr. Hollis forwarded deferment forms for Privately Insured Loans to the American Education Services. On April 28, 2015, Jeremy Nusloch an attorney at the firm of Couch, Conville & Blitt received notice of Mr. Hollis fulltime enrollment at LSU; however, they refuse to dismiss the case when the loan should be in deferment. Thus, Couch, Conville & Blitt continue to prosecute the claim

As of 2016, the average college graduate owes thirty-seven thousand dollars in loans (Glum). As a whole, Americans owe a grand total of 1.3 trillion dollars. These are figures that grow every year, and worse, the number of people who are defaulting on their payments grows as well. The issue of the student loan crisis is serious, which is why potential solutions are now being discussed. Presidential candidates for the election of 2016 have discussed solutions that range from Hillary Clinton’s debt-free college plan to Bernie Sanders’ free tuition plan funded by taxing Wall Street, while numerous scholars and business intellectuals have suggested amending the bankruptcy code to allow for discharging student loans as a solution to the crisis (Josuweit). In this essay, I will primarily discuss the numerous but limited ways amending the bankruptcy code can alleviate the crisis, and then I will offer alternate solutions to supplement the aforementioned solution.

Four months after my niece’s graduation party, she got an email with a subject line indicating that she would soon need to start making payments on her student loans. Employed only part time and sharing a room in a small apartment to keep costs down, she was afraid to open the email. Since I know something about student loans, I offered to help her out. I took a Sunday morning drive to her place.

The plaintiffs are seeking an injunction, an equitable remedy, to prevent the state of California from enforcing its statute restricting carbon dioxide emissions.

College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, “two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards) in 2008 and rising.” (AAUP, 2012) Although going to college is beneficial, there is an argument on whether or not going to college is worth the possible debt incurred. The goal

Pezzullo investigates in this article the strategies of environmental justice advocates in Warren County, North Carolina. The rhetorical efforts shown by these advocates vigorously urged the state of North Carolina to clean up a local toxic landfill caused by a truck illegally dumping oil contaminated with PCBs in the middle of the night.

Covert for-profit colleges cost the public by misleading consumers, dodging taxes, and evading regulations that apply to Education Department financial aid. Further, their actions, and the failure of the federal government to address the problem, seriously undermine the integrity of the system of oversight of colleges and universities, as well as of charitable organizations as a whole.

Wild Fish Conservancy v. United States Environmental Protection Agency is it a citizen suit brought against the Agency in which the Plaintiff believes, regulations passed by the EPA and the National Marine Fisheries Service that make salmon farms in Puget Sound not liable to general sediment-management standards breaches on the Endangered Species Act and the Clean Water Act. Because the Plaintiff argues that both the Clean Water Act and the Endangered Species Act were violated, there are a couple of Act provisions relevant to the case. Under the Clean Water Act, the EPA is required to review state water quality standards. In regards to the violation of the Clean Water Act, The plaintiff points out that the standards imposed by the 1995 amendments to the regulations on marine sediment proposed by WA Department of Ecology and passed by the EPA (1991) adversely affected wild salmon populations (which as a result violates the Endangered Species Act.) The Plaintiff argues that both the EPA and the Fisheries Service failed to take into account “the best scientific and commercial data” in their informal interagency consultation of the regulations--specifically mentioning the EPA and Fisheries Service’s decision to ignore facts that verify the negative effects that sea lice have on wild salmon. The EPA and Fisheries Service claim that they did in fact

4. Kathryn Harmon was owner, president, CEO, financial aid director, bookkeeper, and medical instructor for the college of Allied Health. In the Case involving Harmon and Case, an investigation showed that the College of Allied Health received allocations of more than 1.7 million in Pell Grant funding to distribute to its students. The investigation revealed that more than 1.4 million had been fraudulently obtained by the school. Harmon, Case and other Co-conspirators forged and created documents and submitted fraudulent grant applications to the US department of education for non-existent or non-eligible students. A portion of the 1.4 million was used to pay salaries and operating expenses and the rest was used for their own personal use. Some of the funds were spent on jewelry, real estate, furniture, and an automobile. Harmon and Case was sentenced to 5 years in prison and 250,000 in fines. I do not agree with this sentence, I think they should have gotten 10 years for what they had done because 1.4 million is a lot of money to be stolen. Also, they were not supposed to use the money to pay salaries and operating expenses that money was supposed to go to the students enrolled

Frank, manager of corporate reporting at Amalgamated Forest Products, has threatened to go public with information regarding a falsified report on the effect of effluent controls on the discharge of wastewater from pulp and paper companies, which has angered his boss, Jim McIntosh and the company’s president, Jim Letourneau. Letourneau was to testify before a legislative subcommittee the following week and use the report, “Endangered Species: The Pulp and Paper Industry in the Upper Peninsula”, to give the industry’s perspective on proposed legislation. The section of the report which contained the falsified financial information was prepared by Tina