Student Loan Debt

This is appalling, and it says a lot (albeit it’s not the only thing able to be said) about the morals of those we’re “graduating” from college and university these days.

A study released Friday by the Brookings Institution finds that most borrowers who left school owing at least $50,000 in student loans in 2010 had failed to pay down any of their debt four years later.

Scofflaws. They need their wages garnished. If they’re unemployed, they need to be put into work programs–there are always highway rights of way that need cleanup, and ditches that need digging. They also can be put into AmeriCorps VISTA.

But no bailouts.

Quid Pro Quo?

Recall that the Veterans Administration’s Inspector General had written a damning report of its investigation into the fraudulent behavior of the VA Secretary and of the Secretary’s Chief of Staff.  The IG even had referred the matter to the Justice Department for criminal prosecution.  DoJ then declined to prosecute.

Now that chief of staff, Vivieca Wright Simpson, has announced her retirement, and the VA has opened its own investigation into her actions, an investigation that might lead to civil action, but it’s not a criminal investigation.  I have to ask, then: was this a quid pro quo?  Did DoJ agree not to prosecute if Simpson agreed to leave?

 

Veteranos Administratio delende est.