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As millions of high school students across the country weigh their college acceptances, deceptive financial aid letters are making the process all the more complicated.
Some schools are overstating how much money prospective students will actually be held accountable for by including student loans in their accounting of financial aid, Bloomberg News reports. For example, Drexel University sent one accepted student a letter with „offered financial aid“ that consisted mostly of student loans including a large amount that was expected to be borrowed from private lenders.
Student loans are quite different from financial aid. Whereas grants and scholarships are given to students to subsidize the cost of college, loans are required to be paid back with interest.
The Education Department is attempting to make this process clearer and aims to release a model financial aid letter by September, but only Congress can mandate that colleges follow suit, according to Justin Hamilton, an Education Department spokesman interviewed by Bloomberg. Hamilton told Bloomberg that he hopes colleges will view it as in their own best interest to write their financial aid letters in a „common form.“
Total outstanding student debt in the U.S. now exceeds $1 trillion, and the Consumer Financial Protection Bureau has dubbed student loan debt „too big to fail.“ The average student loan borrower owes $12,800 in student loans, according to the Federal Reserve Bank of New York.
you know: what a good scapegoat for blacks to point at and cry racism.
P41: Caucasians are liars, murderers, thieves, rapists, sodomites, false witnesses, blasphemers, gluttons, idolaters, envious, lazy, swindlers, haters of GOD ALMIGHTY, and of the ORIGINAL BLACK MAN, BLACK WOMAN, AND CHILD.
Turbokorper: …there once was a community of thugs
…who were really good at pimpin‘ and selling drugs
…we just move away,
…hopin‘ they will stay,
…in the squalor, the crime and the bugs.
Lagergeld: Zimmerman is a brown Mestizo like the average Mexican yet CNN and the other networks keep pimping the lie that he is white to promote such BS agendas as this and to somehow twist words, journalistic accuracy, and…
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KATNISS EVERDEEN, the 16-year-old “Hunger Games” warrior who has torn through the box office, is one of the most radical female characters to appear in American movies. The film’s stunning success can partly be explained by the print sales of Suzanne Collins’s trilogy of young-adult novels, which jumped to more than 36.5 million in March from 16 million in November, suggesting that the anticipation for the film was feeding demand for the books. At the same time there’s more to Katniss fever than page-screen synergy. Manohla Dargis and A. O. Scott, the chief film critics of The New York Times, examine this complex, at times contradictory character.
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Self-styled „painter of light“ Thomas Kinkade died last week, as the Sunday New York Times obits duly noted:
Thomas Kinkade, the prolific painter of bucolic and idealized scenes who estimated that his mass-produced works hung in one out of 20 American homes, died on Friday at his home in Los Gatos, Calif. He was 54.
Mr. Kinkade referred to himself as the “painter of light,” usually with a trademark symbol, for naturalistic scenes with highlights that appeared to glow. Often his canvases were mass-produced prints to which he added small, brightly toned details. He made no apologies for commercializing the art field, comparing himself to million-sellers in, say, music and literature.
Yes but he was no Charles Dickens, as Susan Orlean’s 2001 New Yorker takedown painstakingly illustrated (via Longform):
By and large, art critics consider Thomas Kinkade…
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If you haven’t read Gary Shteygart’s Super, Sad, True, Love Story, I would encourage you to go, sell all, buy and do so. I guess I would call it a dystopian black comedic satire, and at one point I would have called it futuristic. Now I’m not so sure. The creepy thing is that about every other week there’s some new thing I notice and I kind of say to myself „Wow–that’s right out of Shteyngart.“ This latest from the NYTimes is another case in point. The article traces the efforts of Stephen Wolfram to use his immense collection of data from the records of his email to the keystrokes on his computer to analyze his life for patterns of creativity, productivity, and the like.
He put the system to work, examining his e-mail and phone calls. As a marker for his new-idea rate, he used the…
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