Tag Archives: gi bill

  None dare call it class warfare

What’s Good For The For-Profit Colleges Is Good For America

As Barbara Ehrenreich noted in Nickel and Dimed: On (Not) Getting By in America, it can cost a hell of a lot to be poor. From residential motels that charge by the week (but don’t require a deposit) to rent-to-own furniture stores and predatory used-car loans, there is a thriving segment of the market dedicated to charging poor people a premium for stuff that would otherwise not be available at all. In a terrific Village Voice article, Chris Parker takes us on a tour of the double-markup inner-city bodegas of education, the for-profit college industry. Both business models are adept at converting their customers’ government aid — food stamps for the bodega, subsidized student loans and GI Bill benefits for the colleges — into tidy private profits. But where the bodega is typically owned by recent immigrants living in the neighborhood, for-profit schools are hugely profitable enterprises owned by investment firms with a well-organized lobbying arm. (Korean grocers beware: Goldman Sachs probably has you in their sights next.) Read more on What’s Good For The For-Profit Colleges Is Good For America…
  imbecile illusions of happiness

Prosperity, Education and Beat Generation All Return With New GI Bill

It was “only” 65 years ago when America seemed to be on the upswing, in large part because millions of World War II veterans got a paid college education and no-down low-interest mortgages. Less than five years after the formal end of the Great Depression, higher education and a modern home became reality for the very people who were starving and illiterate in the grim 1930s. And now, no thanks to “Country First” fraudster John McCain, a wonderful new GI Bill was welcomed today by draft-dodging Kenyan bounty hunter Barack Obama. America now has hope that the post-9/11 veteran will end up smart, comfortable and happy … and not some redneck racist wingnut terrorist mass-murderer like Timothy McVeigh. Read more on Prosperity, Education and Beat Generation All Return With New GI Bill…