Sallie Mae’s Former CEO Bewildered at UMiami Tuition
| Flickering crackhouse sneaky criminal | 07/23/21 | | at-the-ready thriller old irish cottage | 07/23/21 | | Cerebral ungodly immigrant chapel | 07/23/21 | | Flickering crackhouse sneaky criminal | 07/23/21 | | Twinkling Slimy Nowag | 07/24/21 | | Lascivious tan corner clown | 07/24/21 | | fragrant maize parlor crotch | 07/24/21 | | Unhinged school cafeteria main people | 04/13/23 | | Canary Senate | 07/28/23 | | flatulent laughsome whorehouse goal in life | 07/28/23 | | Electric casino | 07/23/21 | | comical internal respiration | 07/23/21 | | Unhinged school cafeteria main people | 07/23/21 | | Fear-inspiring keepsake machete native | 07/24/21 | | passionate bespoke macaca | 07/24/21 | | lavender voyeur giraffe | 07/28/23 | | Yellow boiling water market | 07/28/23 | | irate bawdyhouse black woman | 07/23/21 | | Contagious violent stage milk | 07/23/21 | | onyx tattoo | 07/24/21 | | Orange vibrant theater stage | 07/23/21 | | at-the-ready thriller old irish cottage | 07/23/21 | | Orange vibrant theater stage | 07/23/21 | | Sapphire temple | 07/24/21 | | Cracking office famous landscape painting | 04/13/23 | | Electric casino | 07/23/21 | | Adventurous Grizzly Knife | 07/23/21 | | Diverse transparent locale pistol | 07/23/21 | | spectacular sticky wrinkle | 07/23/21 | | violet insane resort | 07/23/21 | | spectacular sticky wrinkle | 07/23/21 | | bistre gaping | 07/24/21 | | violet insane resort | 07/24/21 | | primrose sadistic church building | 07/23/21 | | iridescent unholy spot tank | 07/24/21 | | translucent trump supporter | 07/23/21 | | Exhilarant shrine place of business | 07/23/21 | | Narrow-minded bull headed sanctuary | 07/23/21 | | Odious stead weed whacker | 07/23/21 | | Hot parlour | 07/23/21 | | emerald dashing therapy | 07/23/21 | | Idiotic Multi-colored University | 07/24/21 | | soul-stirring national | 07/24/21 | | talking glittery digit ratio trailer park | 07/24/21 | | Fighting Cumskin | 07/24/21 | | Internet-worthy Sinister Travel Guidebook | 07/24/21 | | Filthy zombie-like ticket booth | 07/24/21 | | emerald dashing therapy | 04/13/23 | | Shivering Windowlicker | 06/08/25 | | Ebony razzle-dazzle karate | 07/23/21 | | Contagious violent stage milk | 07/23/21 | | Narrow-minded bull headed sanctuary | 07/23/21 | | Unhinged school cafeteria main people | 07/23/21 | | violet insane resort | 07/24/21 | | provocative coldplay fan | 07/25/21 | | translucent trump supporter | 07/23/21 | | Orange vibrant theater stage | 07/23/21 | | Odious stead weed whacker | 07/23/21 | | emerald dashing therapy | 07/23/21 | | bat shit crazy awkward messiness | 07/24/21 | | Saffron heady station queen of the night | 07/24/21 | | Lascivious tan corner clown | 07/24/21 | | aggressive hospital reading party | 07/24/21 | | Disrespectful haunted graveyard tanning salon | 07/24/21 | | Bronze Bateful Masturbator International Law Enforcement Agency | 07/24/21 | | emerald dashing therapy | 07/24/21 | | Saffron heady station queen of the night | 07/24/21 | | at-the-ready thriller old irish cottage | 07/24/21 | | primrose sadistic church building | 07/24/21 | | Filthy zombie-like ticket booth | 07/24/21 | | Charismatic learning disabled orchestra pit | 07/28/23 | | Filthy zombie-like ticket booth | 07/24/21 | | Filthy zombie-like ticket booth | 07/24/21 | | Saffron heady station queen of the night | 07/24/21 | | cowardly black theatre ladyboy | 07/24/21 | | Idiotic Multi-colored University | 07/24/21 | | soul-stirring national | 07/25/21 | | emerald dashing therapy | 07/25/21 | | Contagious violent stage milk | 07/24/21 | | Charismatic learning disabled orchestra pit | 07/28/23 | | talking glittery digit ratio trailer park | 04/13/23 | | tripping gunner | 04/13/23 | | talking glittery digit ratio trailer park | 04/13/23 | | tripping gunner | 07/28/23 | | Cracking office famous landscape painting | 04/13/23 | | lavender voyeur giraffe | 07/28/23 | | Insecure lilac rigpig patrolman | 07/28/23 | | Idiotic Multi-colored University | 07/28/23 | | gay area | 07/28/23 | | garnet supple lay gaming laptop | 06/08/25 | | submissive hairraiser roast beef | 06/08/25 |
Poast new message in this thread
Date: July 23rd, 2021 6:00 PM Author: Flickering crackhouse sneaky criminal
https://www.wsj.com/articles/al-lord-profited-when-college-tuition-rose-he-is-paying-for-it-11627048831?st=w1t352wno8no6rm&reflink=article_copyURL_share
The sting of high tuition hit him several years back when a grandson enrolled at the University of Miami, which currently charges $75,230 a year for tuition and room and board. That is a far cry from the $175 a semester Mr. Lord recalls paying for his own education at Penn State University in the 1960s. He has also paid for the education of three other grandchildren, to attend Villanova University, University of Miami and Davidson College. The bills have approached $200,000 a head.
“It’s criminal,” he said of what schools are charging these days. He has gained sympathy for families of lesser means. “Boy, am I sure glad we saved for my grandkids. If the average income is $40,000 or $50,000 or $60,000, I just don’t know how you do it.”
….
The irony is that for many years Sallie Mae was the government’s partner, and Mr. Lord’s business model—an unusual blend of capitalist finance and govern-ment subsidies—depended on those tuition increases. Mr. Lord acknowl-edges that many of the universities that charged high tuition were also effectively part of Sallie Mae’s sales force. And few profited so handsomely from the tuition increases Lord now resents. At Sallie Mae’s zenith, he said, his stock holdings were worth more than $300 million.
These boomers deserve a special place in hell
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#42831287)
|
Date: July 23rd, 2021 9:10 PM Author: Diverse transparent locale pistol
come on down
to marco rubio toyota
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#42832231) |
Date: July 23rd, 2021 9:15 PM Author: spectacular sticky wrinkle
They should emphasize this more. Sallie Mae is always the bad guy, but they're making a few basis points servicing the loan.
The schools are the ones setting the rates and taking the fucking principal. They're the fucking scammers.
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#42832253) |
Date: July 24th, 2021 12:50 AM Author: bat shit crazy awkward messiness
"an unusual blend of capitalist finance and govern-ment subsidies"
lol yes, very unusual
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#42833087) |
Date: April 13th, 2023 3:08 PM Author: tripping gunner
xo is well versed in how useless college is for vocational training AND for soul-enrichment.
It's merely a means to signal that you have more money than hoi polloi, that's 100% it. So really, the higher the price the more it serves its essential function.
And as libs cram every tard into college, there will be MOAR incentive to pay MOAR for a more exclusive signal.
No one, even millennials who bitch about their loans non-stop, wants to be grouped with the unwashed. So until there is an alternative means to signal your separation, the college scam will continue. And honestly, because the separation is really only effectuated through conspicuous spending, any alternative will be unaffordable as well.
High tuition isnt a bug of "college", it is its only feature.
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#46180973) |
Date: July 28th, 2023 10:49 AM Author: Idiotic Multi-colored University
"an unusual blend of capitalist finance and govern-ment subsidies"
What? That's how our entire economy works.
(http://www.autoadmit.com/thread.php?thread_id=4884310&forum_id=2...id.#46600475) |
|
|