Comments on: Student Loan Scandal…Again http://mikeberta.us/blog/2007/05/16/student-loan-scandalagain/ A doctoral learner's journey Fri, 13 Aug 2010 17:51:57 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: mike http://mikeberta.us/blog/2007/05/16/student-loan-scandalagain/comment-page-1/#comment-14130 mike Tue, 16 Dec 2008 15:39:19 +0000 http://mikeberta.us/blog/2007/05/16/student-loan-scandalagain/#comment-14130 Bob, First, thanks for coming by the Doc Blog. I know it has been some time since your comment but your thoughts are dead on the mark. Schools exist in a paradigm of exerting influence over students. On one side, they market this influence as the necessary education for a successful life. Which is undoubtedly true for most people. However, they suspend this belief or understanding when it is in the best interest of the institution or simply the easier road for themselves. However, the influence is still life changing. Your case is a perfect example of how important a school's decision is for students. Where something so good went so terribly wrong. Worse, it likely has spoiled your view on the importance of education and heightened your fears that all schools are out to get paid first and educate if the mood strikes. I've been there and looking back, after reading your story, realize that I might have been mislead costing me a small fortune based on a lack of understanding by Bachelor's degree institution or because they wanted things to be easy and mine was an unusual case. Bob, I wish you the most luck in fighting for what you (and I) believe is right; the apology and restoration of your credit and faith in education. It is a terrible thing when schools, like Molloy College, abuse the power they are given. Mike Bob,

First, thanks for coming by the Doc Blog. I know it has been some time since your comment but your thoughts are dead on the mark.

Schools exist in a paradigm of exerting influence over students. On one side, they market this influence as the necessary education for a successful life. Which is undoubtedly true for most people. However, they suspend this belief or understanding when it is in the best interest of the institution or simply the easier road for themselves. However, the influence is still life changing.

Your case is a perfect example of how important a school’s decision is for students. Where something so good went so terribly wrong. Worse, it likely has spoiled your view on the importance of education and heightened your fears that all schools are out to get paid first and educate if the mood strikes.

I’ve been there and looking back, after reading your story, realize that I might have been mislead costing me a small fortune based on a lack of understanding by Bachelor’s degree institution or because they wanted things to be easy and mine was an unusual case.

Bob, I wish you the most luck in fighting for what you (and I) believe is right; the apology and restoration of your credit and faith in education. It is a terrible thing when schools, like Molloy College, abuse the power they are given.

Mike

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]]> By: Bob Olds http://mikeberta.us/blog/2007/05/16/student-loan-scandalagain/comment-page-1/#comment-14123 Bob Olds Wed, 26 Nov 2008 08:16:20 +0000 http://mikeberta.us/blog/2007/05/16/student-loan-scandalagain/#comment-14123 Dear Mike...I attended Molloy College in N.Y. about ten years ago.Every dime of my federal loan money never made it to my account for school.They threatened to throw me out unless I paid so I put it on my credit card.No loan money ever showed up for reimbursement though the lender claims it was sent.The loan at the time was for 12 grand. I have been fighting a loosing battle with this behemoth for over ten years. It has now balooned to over 30 grand with interest etc. The Feds are garnishing my tax returns as of late. I make a little above minimum wage today and I am in basic financial ruin thanks to Molloy College. Thanks for the interesting reading. Maybe someday higher education will mean just that without the hungry dogs on the other side of the door....Bob Dear Mike…I attended Molloy College in N.Y. about ten years ago.Every dime of my federal loan money never made it to my account for school.They threatened to throw me out unless I paid so I put it on my credit card.No loan money ever showed up for reimbursement though the lender claims it was sent.The loan at the time was for 12 grand. I have been fighting a loosing battle with this behemoth for over ten years. It has now balooned to over 30 grand with interest etc. The Feds are garnishing my tax returns as of late. I make a little above minimum wage today and I am in basic financial ruin thanks to Molloy College. Thanks for the interesting reading. Maybe someday higher education will mean just that without the hungry dogs on the other side of the door….Bob

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