Atlantic City casinos closing...

The taxpayers are taking a huge hit indeed. About 90% of funding for these mills comes from the government (us taxpayers). They help bundle and source contributions for politicians who become indebted (just like the world's oldest profession) so laws, regulations and investigations become sort of lax, to put it mildly.

University of Phoenix, Kaplan, Everest, Westech, Potomac, Anthem, Westwood, ATI, ITT, Argosy, Bennett, Corinthian, Ashford, DeVry, heck even Harvard (online) are just some of the ones under investigation.

As of now, student debt surpasses credit card debt (somewhere over $1.3 trillion dollars) and efforts to get student loan rates close to the borrowing rate (less than 1%) have been rebuffed by those very same politicians who rely on those sacred institutions to help finance their personal fortunes. Call me cynical, but I see no reason why the government should make billions on student loan interest payments on the backs of students.

Right now, those colleges are doing their best to head off legislation that ties their right to do business to their job placement ability. A small price to pay for what they boast about but fail to do.

All of this is just another con in a long line of cons (remember Enron?) Instead of using taxpayer money to front these thieves, why not use it where it already had proven to work: community colleges?

Our public schools are next. Imagine using taxpayer money to enrich owners of charter schools who perform no better than public schools. Anyone here ready to pony up $10,000 to $30,000 a semester just to see your kid through Jr. and Sr. High? Trust me when I say they've been eyeing this for a long, long time.

All the best,
Nonoise

Thank you for your reply, Dreadhead. You deserve a lot of credit for putting your head down, and trying to put things back on track.

The Quality Assurance background provides you with some great experience. Have you considered Six Sigma or software QA? A person like you could make the transition into one of those hot and well-compensated areas (hopefully) without a lot of drama.

Believe it or not, besides dating a woman in Freehold back aways, our experiences sound more similar than different. I worked as a material scientist / chemist in manufacturing. As you mentioned, it hasn't gone well for our nation in that regard. I'll spare everyone the details, but around Y2K, I saw the handwriting on the wall, and luckily made the jump to something that's held up better than that has. I say luckily because my company went under 1.5 years after I left, whereas I fortunately fell into a program that allowed me to retrain and retool.

Hang in there, keep plugging, and continued best of luck!

"My new position pays less then my last one and I am forced to work the grave yard shift but that's life. Not the life I had hoped for in this stage of the game but at least I can start getting out of debt.
I do not resent success and the pleasure it brings, I like my toys like most of us but it shouldn't be so god damned hard."

One thing to keep in mind is that its much easier to get a job when you already have one. Most employers factor in if you are currently working. Use your new job to find a better one.

GO ASAP gamble all your cash!!!!!

very well noted for wealthy zip codes insurance is SUBSTANTIALLY lower. the reasons stated due to the number of accidents, but they're mostly wrong wrong. it's bs.
when i was poor, i knew and many more did how to void paying high insurance by disguising address to the wealthier areas.
it's natural: action - reaction, no snit!