What is Occupy Wallstreet?

[Taem]

Some older data, but the trend is still true. Non-Federal would include state based loan programs and private loans. Stafford and PLUS are entirely the Feds directly acting as the banker. Private loans tend to be used for private programs not approved under Title IV (e.g. the Cordon Blah cooking school, or Automotive Repair Academy).

I wasn't aware. Thank you for sharing that, else I might've been giving out misinformation myself. So now I understand why students are involved and their role.

Most schools need to be accredited in order to participate in Title IV, and state based aid programs.

I have always felt that each institution should do on the job training internship. Once that level of education has been completed, the trainee gets hired at the bottom level tier and can work their way up by taking paid for classes that come directly out of their paycheck. The training classes would be offered through the company and focus primarily on the role the position requires, thus training the student would cost the company nothing, and the student, having such personalized and direct instruction, could learn what they needed to know is less than a years time, perhaps even just a couple months.

It's nice to hire someone with a well rounded education, but it's sad when 50% of the information they [students] learn they will forget in a few years time anyway because it's irrelevant to their current job. Also, training cost money, and if your trainee is skittish, well that cost can add up. Honestly, what better way to train than on the job training as a non-paid internship program? Then perhaps a two, or even one year [mandatory] college for the general education portion before entering the job market. Yeah, I know it's a pipe dream, but one that could solve a lot of monetary problems for students and employers alike. But who would pay for it? Since the fed currently requires K-12 schooling, why not make it K-14? But if we are talking removing the fed from the school system altogether, then I have no idea.

I'm getting really hungry and the words are starting to get jumbled, lol. I'll post this before I go out to eat anyways because too much good stuff to not post.

There is a direct relationship to bank fees and interest rates. Banks cannot make much money lending money, so they are moving more and more into fees. Interest rates are pegged to zero by the Federal Reserve.

I never thought this was a good idea [low interest rate]. The fed trying to stir the populace into spending money, the populace trying to get loans to stir the economy, the banks saying NO because they aren't making any money on the deal because the interest rates are too low. Makes no sense! But this is a problem brought on by the Obama administration, why bring protest against the system as a whole?

So, yup, I think it's time to gather the villagers and march on the castle. Dr. Frankenstein is up to his old tricks messing up the laws of the economy again.

Are you serious or being sarcastic? If your serious, why do you support the Occupy movement in its current form and what would you like to see their effect have on the fed?

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It has always been that way throughout history, and will always be that way.

The one thing that is different now is in our ability to improve our lot. Social mobility is on the decline, meaning that it's increasingly harder to be successful enough to raise your standard of living, or that of your progeny. That is the American Dream denied. That leads to wage slavery, an entrenched entitlement class and hopelessness.

Do you see any other way? Everyone cannot be equal! Even now, we outsource as many jobs as we can to countries where the minimum wage is less than a dollar an hour to save money! If suddenly there became a one-world government and perfect equality in minimum wage, do you have any clue how many business would either completely tank, or suddenly charge exorbitant rates on their products, products that would suddenly become only for the elite. This would cause another system of control and power no different that what we have now with the mega-rich still holding all the cards, but the majority still poor as hell, or poorer than they were before! I am in total disagreement on this. There HAS to be a lower-class for the world to move. It sucks, but it's true!