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Post of the Week: Trade School Debt 0

Posted on March 23, 2010 by Erin Samus

In addition to not being thrilled by about writing this Benito told me less than an hour ago that some big Supreme Court case about trade school student debt was recently decided.  He said maybe Mike Triforce should write it since he was a real lawyer.  He knew it was a mistake as soon as he said it.  Anyway, I apologize for the length of the post but Alpha Man and I have an agreement not to let Mike Triforce comment on anything of substance.

Truth be told, although its the Supreeeeme Coooourt (Woooooo!) the case is actually of very little consequence to most debtors.  Essentially a student who had trade school student debt managed to get the debt discharged but failed to show undue hardship was in danger of having his debt reinstated.  The court ruled that this fact, that the student was never asked to show undue hardship, does not void the contract eliminating his debt.  So what it boils down to is a lender made an accounting error and the Supreme Court said it was too late to fix it. 

Now that I’ve addressed that please read my prepared remarks

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Post of the Week: Three Boats Three Suggestions 2

Posted on March 15, 2010 by Benito Mario

Hi Kids. The majority of you are in one of three boats: considering debt to go to school, accruing debt while in school, and paying/failing to pay off debt after school. Regardless of your state I hope you are not living at home with your mother…or more aptly put I hope your mother doesn’t view you as a failure…or at least if she does not tell you every day, out of context and at random times.

Moving on I have a few tips for the crew of each boat. Hopefully it will help you avoid my fate.
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Post of the Week: Am I Really Helping Anyone? 2

Posted on March 09, 2010 by Simons Girlfriend

I don’t read much anymore but recently I read a book called Half the Sky.  Lying safe in bed waiting for my boyfriend to come home I read about girls and women who are ritualistically raped as part of a marriage proposal. I read about clinics where women routinely seek two things: abortions and AIDS treatment. In the doctor’s tool kit are 1) a crude hook and 2) what can only be described as magic charms.  I don’t see patients like that. I spend my days doing what any other pair of scrubs would have done in my place. Am I really helping anyone? And if not is it because I am in debt?

The conclusion I came to is a difficult one.

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