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Old 09-01-2004, 04:22 AM   #18 (permalink)
warrrreagl
pinche vato
 
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Location: backwater, Third World, land of cotton
Quote:
Originally Posted by ForgottenKnight
My question is how can someone that seems that so stupid that they can't chose what they're interested in, and think that it doesn't matter, be in college in the first place?
It's called "free money." The Pell Grant specifically gives some unscrupulous people, who otherwise would have no business anywhere near a college, free reign to waste all the taxpayer money they can squeeze. The only time they show any interest in their curriculum is when the free money gets pulled. Of course, most people on Pell Grant are perfectly fine, hard-working students who are very responsible and mature, but I only seem to notice the goofs.

And speaking of a "college rip-off scam," here's another, much more insidious one:
1) Get accepted into the Pell Grant program (if you're carbon-based, you're in).
2) Sign up for a full load of classes in order to get the full Pell Grant semester allotment.
3) Attend the first week of classes in order to verify attendance.
4) Pick up Pell Grant check.
5) Disappear from campus completely. Do not withdraw from classes because you have to give back the money if you do that.
6) Spend the money on groceries, Christmas presents, etc.
7) Fail most classes (there are plenty of idiot profs out there who somehow manage to give a passing grade to students who never show up).
8) Repeat for two more semesters until the college puts you on academic suspension.
9) Move on to the next college and repeat.

Also, the US Supreme Court recently ruled that students can now bankrupt student loans (which were previously off-limits to bankruptcy, similar to IRS debts). Therefore, expect defaulted student loans to mushroom in the next five years as people in financial stress recognize the potential for this abuse.
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Last edited by warrrreagl; 09-01-2004 at 04:24 AM..
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