HOOKERS, BLOW & REMEDIAL ENGLISH

It seems the trillion dollars of your money being loaned to young University of Phoenix wannabes studying African Studies by Obama are being spent on hookers and blow when they are not busy taking remedial English and math courses to learn how to read, write and do maf.

What are the odds of more than 50% of that trillion ever being paid back?

Krugman is fine with it. Hookers and blow contribute to GDP too.

What Do College Undergrads Spend Their Student Loans On: High-School Classes

Tyler Durden's picture

Over the weekend we closed the chapter on the “mystery” of America’s collapsing labor force and the record 90+ million Americans out of the labor force. As Pew reported, confirming what we had said all along, it has little to nothing to do with Boomers retiring – simply because under ZIRP they can’t afford to retire – and everything to do with Millennials staying in school because they can’t find the well-paying jobs they had expected, raking up $1.2 trillion (and exponentially rising) in government-funded student debt in the process. To wit:

More and more Americans are outside the labor force entirely. Who are they? According to the October jobs report, more than 92 million Americans — 37% of the civilian population aged 16 and over — are neither employed nor unemployed, but fall in the category of “not in the labor force.” That means they aren’t working now but haven’t looked for work recently enough to be counted as unemployed. While that’s not quite a record — figures have been a bit higher earlier this year — the share of folks not in the labor force remains near all-time highs.

 

You might think legions of retiring Baby Boomers are to blame, or perhaps the swelling ranks of laid-off workers who’ve grown discouraged about their re-employment prospects. While both of those groups doubtless are important (though just how important is debated by labor economists), our analysis of Bureau of Labor Statistics data suggests another key factor: Teens and young adults aren’t as interested in entering the work force as they used to be, a trend that predates the Great Recession.

 

But that’s just the beginning. Because as we have also covered on various occasions in the past, there is a just as important question of just what these “students” spend their money on. Among the items revealed: “A U.S. Middle District Court indictment alleges that Price spent much of the loan money on crack cocaine, cars, motorcycles, jewelry, tattoos and video games.” And iPhones of course, because someone has to indirectly provide US subsidies to the NSA’s favorite company (read “NSA Mocks Apple’s “Zombie” Customers; Asks “Your Target Is Using A BlackBerry? Now What?”).

Now we know one more thing that America’s young adults, of whom some 24% expect that their debt will ultimately be forgiven, are blowing Uncle Sam’s debt on. The answer: high-school level classes.

According to the WSJ, “college students are increasingly spending federal financial aid and taking on debt for high school-level courses that don’t count toward a degree, despite mounting evidence the courses are ineffective and may contribute to higher dropout rates.

Shocking? Well not really: after all when student debt is easier to procure than subprime loans in 2005, and when nobody in government actually checks if it is used prudently, is there any wonder the same individuals who recklessly will spend money they can never repay on anything but their future, will spend it on the dumbest possible things? Perhaps it is more surprising that they used it for “noble” purposes in the first place.

The number of college students taking at least one remedial course rose to 2.7 million in the 2011-2012 academic year from 1.04 million in 1999-2000, federal data show. During the same span, the amount of federal grants spent by undergraduates enrolled in at least one remedial course rose 380%, after inflation, Education Department figures show. There was also a drastic rise in remedial students taking on student debt.

The one social class most “enslaved” by this “not quite free” debt handout? Poor, underprivileged students of course, those who can least afford to graduate with tens of thousands in debt.

The trends reflect a sharp rise over the past decade in enrollment at community colleges, which disproportionately serve low-income, minority and older populations. About 40% of students entering community colleges enroll in at least one remedial course, according to the Education Department; only about 1 in 4 of them will earn a degree or certificate.

 

“You clearly see that a big part of the problem is that students of color, first-generation students in low socioeconomic status are getting stuck” in remedial courses, said Eloy Oakley, president of Long Beach City College in Southern California. “They’re getting placed in these courses and they’re not coming out.”

 

Students are typically placed in remedial courses for English and math and because they score poorly on standardized tests. Federal law permits them to spend financial aid on as much as a year’s worth of remediation.

Ironically, the very classes this debt is spent to finance essentially assure that the student will never even succeed in graduating college:

Academics and senior officials within the Education Department increasingly view the remedial courses themselves as a major barrier to college completion, particularly among minorities. Many students become discouraged and could succeed without remediation, while others could benefit from shorter, more-targeted catch-up sessions, research shows.

 

Multiple studies have concluded that, for most students, remediation either hurts or has no effect on their odds of earning a college degree or certificate. The studies have compared the outcomes of borderline students—those just above and just below the cutoff for getting into college-level courses. In a 2012 National Bureau of Economic Research paper, two Columbia University researchers found that students who appeared to have been misplaced in remediation were 8% more likely to drop out than those who went directly into college courses.

As a result, some schools have finally started analyzing what the IRR of remedial schooling is: Long Beach City College is experimenting with how it assesses students and places them in remedial classes. Before 2012, it placed all students based on how they scored on a standardized test. Since then, the school has launched a program to place students from local high schools based on their grade-point averages, which officials believe are a better predictor of how students will perform in college-level courses.

Within the program, the share of first-year students at LBCC going directly into college-level coursework has tripled, to 39% for English and 32% for math. And the school finds that on average, students who would have been slated for remediation are performing as well as others.

 

 

Leangkheng Ouk, 20 years old, was slated to take remedial English and math at the school because she performed poorly on her standardized test, despite being a B student in high school. Under the new system, she went directly into college-level courses in 2012 and earned a 3.8 GPA before transferring this year. She now attends California State University, Long Beach, where she is on track to earn a bachelor’s degree in business management.

 

“I was glad they placed me in the higher courses actually on my level, so I don’t waste time and can be able to transfer in two years,” said Ms. Ouk, a Cambodian national and U.S. permanent resident who is the first member of her family to go to college. Ms. Ouk has used scholarship money, federal aid and wages earned from a part-time job to cover her education. “If I was placed in a remedial class I would have to stay in LBCC longer. I would have used my financial aid grants.

And now, after years of delays and long after the student loan bubble reached unprecedented proportions, the Government is finally deciding to “take a look”:

Now, the high dropout rate among remedial-education students—along with a sharp rise in student debt—is fueling debate about whether the government should be more stringent in awarding student aid. Critics—ranging from some think-tank academics and conservatives to a trustee of a community-college system in Texas—say aid should be targeted toward students who are better-prepared.

Keep in mind this is the same government that lied to “stupid” Americans to pass Obamacare. Then again, considering what these same Americans spend their unsecured, garnishable debt on, perhaps Dr. Gruber’s real and only crime was getting caught.

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Stucky

I’m all for remedial maf.

I have a special friend who blows me. Ten bucks. Not bad for one minute of work. Yesterday, all I had was a $20. She couldn’t figure out the change owed me. So, I got a second blow job, which wasn’t that enjoyable … but I did make her work for an hour.

Chicago999444
Chicago999444

Another government program that has accomplished nothing but to enrich another criminal cartel- the for-profit (non)education racket and fund reckless consumer spending, while driving college costs to unaffordable nosebleed levels for qualified aspirants, and saddling youth AND the body of taxpayers with debt we will never be able to repay, thus robbing the dumb, gullible, desperate youth AND the taxpaying public of a future.

ss
ss

can’t say it any better than Chicago999444. The worse things get re our economy, the more lies we are told to pacify everyone and prop up the charade of economic “recovery” while a minority profits in isolation from Fed life support. Despite our so-called “information age”, fewer citizens are informed and more are clueless.

flash
flash

..about that blow.

Cop Busted For Exposing Himself To Male Drivers
New Jersey officer charged with official misconduct and lewdness
http://www.thesmokinggun.com/documents/police-officer-exposes-himself-to-male-drivers-576213

after the costumed clown walked away from the traffic stop , many were overheard to remark”what a dick”..

flash
flash

for certain..

The Madam opened the brothel door in New Orleans and saw a rather dignified, well-dressed, good-looking man in his late forties or early fifties.

—”May I help you sir”’ she asked.

—”I want to see Valerie, please,” the man replied.

—”Sir, Valerie is one of our most expensive ladies. Perhaps you would prefer someone else”, said the Madam.

—”No, Ma’am, I must see Valerie,” he replied with determination.

Just then, Valerie appeared and announced to the man. She charged $5,000 a visit. Without hesitation, the man pulled out five thousand dollars from his wallet and gave them to Valerie, and they went upstairs. After an hour, the man left calmly.

The next evening, the well-dressed man appeared again, once more demanding to see Valerie. Valerie explained that no one had ever come back two nights in a row, as she was too expensive. There were no discounts. The price was still $5,000.

Again, the man pulled out the money, gave it to Valerie, and they went upstairs. After an hour, he left.

The following night the man was there yet again. Everyone was astounded that he had come for a third consecutive night, but he paid Valerie and they went upstairs.

After their session, Valerie said to the distinguished customer, “No one has ever been with me three nights in a row. Where are you from?”

—The man replied, “Wichita, Kansas”.

—”Really”, she said. “I have family in Wichita.”

—”I know.” the man said. “Your sister died, and I am her attorney. She asked me to give you your $15,000 inheritance.”

The moral of the story is that three things in life are certain:

Death
Taxes
Being screwed by a lawyer

Dutchman
Dutchman

Need remedial English, Maf… Everyone knows that gubmit scrools are simply a wage / benefit / pension plan for people with teaching degrees. Somewhere in that mix, a child ‘may’ learn something.

That Leangkheng Ouk (in the article) – she probably couldn’t tell you what is 10% of $2.50 without a calculator. Further, a degree in business management – WTF is that? Sounds like Black Studies, Women’s Studies, etc. A worthless fucking degree.

Chicago999444
Chicago999444

The government-backed student loan racket is only one of the government programs that is really a way to transfer the tax-payers’ money to an entrenched, privileged oligarchy. What’s worse, thanks to the evil Bankruptcy Reform Act of 2005, predatory student lenders are not even subject to the only free-market discipline that exists to curb careless, imprudent lenders- relief for borrowers through bankruptcy.

If we removed this protection and gave student borrowers the right almost all debtors have, which is to bankrupt out of insurmountable debt, student lending to flatly unqualified students to attend over-priced diploma mills, would contract substantially and quickly.

TC
TC

In the last couple months, three times I’ve had to tell a clerk at the register how much change they owe me from a $20. I guess nobody pays with cash anymore, and nobody learns basic math anymore either.

Kill Bill
Kill Bill

A bachelors degree? You can get one of those in 14 months, or less.

EC
EC

They’re baffled that you could find something to buy that cost less than a 20 spot. The old 80’s yuppie food stamps. Today’s version of green stamps, remember those?

flash
flash

The Irish, still the most oppressed people on the planet.,.

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flash
flash

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flash
flash

link then..

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Anonymous
Anonymous

Republicrats eat their young.

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TE
TE

How could remedial classes NOT be increasing?

We as a country have decided that there are NO born to be ditch diggers anymore.

It takes a TON of money and remedial classes to turn a ditch digger into a government, degreed, employee.

Of course that doesn’t mean that they are actually smarter, just that they stuck it out and got their degree.

If we do away with remedial classes the next step will be to FORCE down standards.

You can’t have both 100% college entry AND 100% college capable without reducing the standards.

Some people are not meant for book learning. No matter how badly the progressives amongst us wish it to be true. And no matter how many trillions we waste on it.

Reminds me of the saying about putting lipstick on a pig.

So, are we irritating our ditch-digging youth yet?

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