My brother's lab partner pulled the disappearing act, right after he got the check, he vanished.
Put my brother in a tight pinch, as you can imagine. I don't feel like debating it till the list fizzles, but I know more than enough people that have no other "job" than living in the dorms, getting just good enough grades to keep financial aid, and then changing majors when it looks like degree progress may raise flags. Walt. On Dec 19, 2011 8:41 PM, "Dan Penoff" <lwb...@yahoo.com> wrote: > Just noticed this part: > > Walt, you show me someone who gets financial aid that is not actively > participating by mid term that still has their money and I'll turn them in. > > I can assure you that the FA system is so tight these days that if you're > not reporting to class or don't hit your midterm grades, you're done. Not > only that, but did you realize that for nearly any financial aid received > these days that if you fail to complete the course and/or graduate that you > have to repay it? That's part of the deal when you sign for it. > > Repayment is guaranteed, as they go to the IRS first, then they go to your > employer. I know of several instances where deadbeat students who returned > to the workforce found themselves with garnishments in a matter of a few > weeks after starting to work. > > Sallie Mae and the other government agencies are ruthless in their > approach to collecting failed financial aid - the only way you can escape > it nowadays is to take more than 25 years to repay or die. > > Dan > > > >> On Mon, Dec 19, 2011 at 4:05 PM, Walt Zarnoch <zarnoch...@gmail.com> > wrote: > >> > >>> I find it a two way thing, students that don't care, and teachers that > >>> don't care. > >>> > >>> Some of them are really just in it for the money, transfer of > knowledge be > >>> damned. Then you get the students that drop off the face of the earth > and > >>> skip town after the financial aid overage checks are handed out, fail > the > >>> classes, then take them over again on financial aid, till their GPA is > so > >>> low they loose the FA... > >>> > >>> Walt > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
