Astronomically high college tuition facilitated by a bottomless ocean of student loans has saddled Americans with a record $1.48 trillion in non-dischargeable debt – an amount which has more than doubled since the 2009 lows.
As we reported in January, nearly 40% of student loans taken out in 2004 are projected to default by 2023 according to the Brookings institute.
While in March we noted that debt-laden millennials were set back an average of $140,000 vs. their parents – a problem compounded by the fact that students aren’t just borrowing money for tuition; their student loans cover rent, food and other bills, leaving them with massive interest payments and in many cases, little prospect of getting ahead – much less saving for retirement.
Enter the million-dollar-debtors
While millions of Americans are drowning in student loans – 101 people have the ultimate albatross around their necks; student loan balances exceeding $1 million, according to the Wall St. Journal. Five years ago, there were just 14 people with loans that large.
Utah orthodontist Mike Meru, 37, is one of them. After graduating from Brigham Young University with no debt and a new marriage, Meru borrowed $601,506 debt to attend USC’s orthodontics program – while his new wife Melissa finding work as a USC administrative assistant to save on tuition. After a few years, his student loan had swelled to $1,060,94.
Less Than 10 Attend University’s White Privilege Workshop
Only nine students showed up to take part in the University of North Carolina at Charlotte’s workshop series focused on teaching students about white privilege and related topics. The total number of students in the audience for the first “White Consciousness Conversation,” held Sept. 10, was nine — but two were students there not as participants but as journalists mainly to observe. One was from The College Fix and another from the Niner Times campus newspaper.
Of the remaining seven students, five are members of the university’s conservative Young Americans for Freedom chapter, who were there more out of curiosity and concern about the nature of the seminar and its taxpayer-funded narrative as opposed to learning about how they allegedly perpetuate racism and inequality as Americans with white skin.
Finally, the other two students attended because their professors offered them extra credit to do so, they told The Fix.
With that, it appears the relatively new “White Consciousness Conversations” at UNC Charlotte, which boasts a student population of nearly 30,000, drew .02 percent of its student population.
Facilitators of the workshop did not respond to a subsequent request for comment from The College Fix about what they thought of the event’s low turnout.
According to the university’s website, the conversations aim to help students understand “the meaning and implications of whiteness” and how “engaging in anti-racist practice is crucial in creating racial equity.”
“This space is for all undergraduate and graduate students at UNC Charlotte who are interested in engaging in conversations to assist in their understanding of how racism is perpetuated individually, culturally, and systemically,” the website states.
Judge Allows UC Berkeley To Face Lawsuit
(Reuters) – A federal judge rejected the University of California at Berkeley’s bid to dismiss a lawsuit claiming it discriminated against conservative speakers like Ann Coulter by imposing unreasonable restrictions and fees on their appearances.
In a decision late Wednesday, U.S. District Judge Maxine Chesney in San Francisco said two conservative groups could pursue claims that the school applied its policy for handling “major events” and an earlier policy for “high-profile speakers” in a manner that unfairly suppressed conservative speech.
But the judge also said she was “unpersuaded” by claims by the plaintiffs that the school engaged in intentional viewpoint discrimination, and that the major events policy was too vague. She said the plaintiffs could not seek punitive damages.
The Berkeley College Republicans and the Young America’s Foundation, a Tennessee group, had sued after the university canceled Coulter’s scheduled speech last April 27, citing security concerns.
Janet Napolitano, president of the University of California, was also named as a defendant.
UC Berkeley is known as the birthplace of the student-led Free Speech Movement of the 1960s. Like other schools, it has tried to welcome different views without jeopardizing safety or its educational mission.
The major events policy was adopted in July, and gave school officials discretion to take various steps to ensure security.
Chesney said the plaintiffs may pursue an equal protection claim over a security fee charged for an appearance by conservative commentator Ben Shapiro that was well above a fee at the same venue for Supreme Court Justice Sonia Sotomayor, part of the court’s liberal bloc.
Teacher Couldn’t “Read or Write” For 17 Years
In an very in depth story by the BBC, a man who was a New Mexico teacher ended revealing a secret that may or may not surprise you, he could not read or write for 17 years of his teaching.
The entire article reveals how John Corcoran gamed the system without ever learning how to read or write and achieved teacher status at the same time.
BBC: When I was taking a test I would look at someone else’s paper, or I’d pass my paper over to somebody else and they’d answer the questions for me – it was fairly easy, amateur cheating. But when I went off to college on a full athletic scholarship it was a different story.
I thought, “Oh my gosh, this is way over my head, how am I going to be able to get through this?”