Monday, June 20, 2011
For Profit colleges may face tighter rules
Redlands Daily Facts 06/20/2011, Page A06
For-profit colleges may face tighter rules
tighterfederaloversight may see For-profitcolleges
By ANDREW EDWARDS
Staff Writer
The federal government is moving toward tougher regulations of for-profit colleges, an industry that has greatly expanded its presence within the Inland Empire during the past few years.
The Department of Education’s new, and still controversial, “gainful employment” rule announced this month requires graduates of for-profit career colleges to meet certain loan payment standards to gain access to federal financial aid.
The government’s thresholds are aimed at ensuring for-profit schools and their students are channeling federal aid toward lucrative careers.
But the rule could cause profits to decline at for-profit schools, which count on federal financial aid dollars for up to 90 percent of their revenues.
Career colleges and critics also decry the rule as a regulation that will limit students’ access to job training.
However the rule’s consequences play out over time, the Education Department’s action is sure to affect an industry that has grown quickly even in the economic downturn.
In the Inland Empire, the expansion of for-profit schools has breathed some life into an otherwise struggling office scene.
“Within the last 10 months over 100,000 square feet have been leased to schools in this market (Ontario and Rancho Cucamonga),” said Carol D. Plowman, a senior vice president of commercial real estate firm Lee & Associates’ office in Ontario.
A number of career college representatives said they were not yet prepared to comment on how the U.S. Department of Education’s “gainful employment” rule may affect their business practices.
“The best I can tell you is we’re still reviewing the information and how it may affect our students,” University of Phoenix spokesman Rick Castellano said Thursday.
In a statement issued June 8, Penny Lee, managing director of the pro-career college group Coalition for Educational Success, defended for-profit schools’ roles among institutions of higher education.
“While there is no single right answer on how to train workers for tomorrow’s jobs, career colleges offer access and choice to millions of students who otherwise would not have a pathway to a higher education or a career,” Lee stated.
From a job recruiter’s perspective, a traditional university degree is generally more valuable than one from a career college, although courses taken at career colleges can have value, said Sarah Cullins, president of Rancho Cucamonga-based Finesse Staffing.
“I think some of the good things about these schools is that if you’re already employed, they can help you in the career where you’re at,” Cullins said.
For-profit schools are where 12 percent of the nation’s college students take classes, according to the Education Department.
Students at for-profit institutions have taken out 26 percent of the nation’s student loans, but owe 46 percent of the student loan dollars in default.
The “gainful employment” rule would tie for-profit students’ loan payments and balances to career colleges’ abilities to receive federal aid.
The rule requires the schools to meet one of three standards: at least 35 percent of former students are repaying the loans, the estimated annual loan payment of a “typical graduate” does not exceed 30 percent of his or her discretionary income, or the estimated annual loan payment of a typical graduate does not exceed 12 percent of one’s total earnings.
andrew.edwards@inlandnewspapers.com, 909-483-8550
Copyright © 2011 Redlands Daily Facts 06/20/2011
Thursday, June 16, 2011
This Senior Nailed It
Alan Simpson, Senator from Wyoming, Co-Chair of Obama's deficit
commission, calls senior citizens the Greediest Generation as he
compared "Social Security" to a Milk Cow with 310 million teats.
August, 2010.
Here's a response in a letter from an unknown fellow in Montana...
I think he is a little ticked off! He also tells it like it is !
----------------------------------------------------
"Hey Alan, let's get a few things straight..
1. As a career politician, you have been on the public dole for FIFTY
YEARS.
2. I have been paying Social Security taxes for 48 YEARS (since I was 15
years old. I am now 63).
3 My Social Security payments, and those of millions of other
Americans, were safely tucked away in an interest bearing account for
decades until you political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in return for votes, thus
bankrupting the system and turning Social Security into a Ponzi scheme
that would have made Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the
proverbial football away from millions of American seniors nearing
retirement and moved the goalposts for full retirement from age 65 to
age 67. NOW, you and your shill commission is proposing to move the
goalposts YET AGAIN.
5 I, and millions of other Americans, have been paying into Medicare
from Day One, and now you morons propose to change the rules of the
game. Why? Because you idiots mismanaged other parts of the economy
to such an extent that you need to steal money from Medicare to pay
the bills.
6. I, and millions of other Americans, have been paying income taxes
our entire lives, and now you propose to increase our taxes yet again. Why?
Because you incompetent bastards spent our money so profligately that
you just kept on spending even after you ran out of money. Now, you come
to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us "greedy" for calling "bullshit" on
your incompetence. Well, Captain Bullshit, I have a few questions for
YOU.
1. How much money have you earned from the American taxpayers during
your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and
how much are you receiving in annual retirement benefits from the
American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you
proposing in your disgusting deficit reduction proposal, or, as usual,
have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators called
Congress who are the "greedy" ones. It is you and your fellow
nutcases who have bankrupted America and stolen the American dream
from millions of loyal, patriotic taxpayers. And for what? Votes.
That's right, sir. You and yours have bankrupted America for the sole
purpose of advancing your pathetic political careers. You know it, we
know it, and you know that we know it.
===================================================
Be aware that some of these statements may not be 100% true. Refer to http://www.snopes.com/politics/soapbox/simpson.asp for more clarity.
Thank you.
commission, calls senior citizens the Greediest Generation as he
compared "Social Security" to a Milk Cow with 310 million teats.
August, 2010.
Here's a response in a letter from an unknown fellow in Montana...
I think he is a little ticked off! He also tells it like it is !
----------------------------------------------------
"Hey Alan, let's get a few things straight..
1. As a career politician, you have been on the public dole for FIFTY
YEARS.
2. I have been paying Social Security taxes for 48 YEARS (since I was 15
years old. I am now 63).
3 My Social Security payments, and those of millions of other
Americans, were safely tucked away in an interest bearing account for
decades until you political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in return for votes, thus
bankrupting the system and turning Social Security into a Ponzi scheme
that would have made Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the
proverbial football away from millions of American seniors nearing
retirement and moved the goalposts for full retirement from age 65 to
age 67. NOW, you and your shill commission is proposing to move the
goalposts YET AGAIN.
5 I, and millions of other Americans, have been paying into Medicare
from Day One, and now you morons propose to change the rules of the
game. Why? Because you idiots mismanaged other parts of the economy
to such an extent that you need to steal money from Medicare to pay
the bills.
6. I, and millions of other Americans, have been paying income taxes
our entire lives, and now you propose to increase our taxes yet again. Why?
Because you incompetent bastards spent our money so profligately that
you just kept on spending even after you ran out of money. Now, you come
to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us "greedy" for calling "bullshit" on
your incompetence. Well, Captain Bullshit, I have a few questions for
YOU.
1. How much money have you earned from the American taxpayers during
your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and
how much are you receiving in annual retirement benefits from the
American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you
proposing in your disgusting deficit reduction proposal, or, as usual,
have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators called
Congress who are the "greedy" ones. It is you and your fellow
nutcases who have bankrupted America and stolen the American dream
from millions of loyal, patriotic taxpayers. And for what? Votes.
That's right, sir. You and yours have bankrupted America for the sole
purpose of advancing your pathetic political careers. You know it, we
know it, and you know that we know it.
===================================================
Be aware that some of these statements may not be 100% true. Refer to http://www.snopes.com/politics/soapbox/simpson.asp for more clarity.
Thank you.
Saturday, March 26, 2011
How in the world did we ever survive???
"Good night and God bless."
Black and White (Under age 40? You won't understand.)
You could hardly see for all the snow,
Spread the rabbit ears as far as they go.
Pull a chair up to the TV set,
'Good Night, David. Good Night, Chet.'
My Mom used to cut chicken, chop eggs and spread mayo on the same cutting board with the same knife and no bleach, but we didn't seem to get food poisoning.
My Mom used to defrost hamburger on the counter and I used to eat it raw sometimes, too. Our school sandwiches were wrapped in wax paper in a brown paper bag, not in ice pack coolers, but I can't remember getting e..coli.
Almost all of us would have rather gone swimming in the lake instead of a pristine pool full of chemicals (talk about boring), no beach closures then.
The term cell phone would have conjured up a phone in a jail cell, and a pager was the school PA system.
We all took gym, not PE...and risked permanent injury with a pair of high top Ked's (only worn in gym) instead of having cross-training athletic shoes with air cushion soles and built in light reflectors. I can't recall any injuries but they must have happened because they tell us how much safer we are now.
Flunking gym was not an option... even for stupid kids! I guess PE must be much harder than gym.
Speaking of school, we all said prayers and sang the national anthem, and staying in detention after school caught all sorts of negative attention.
We must have had horribly damaged psyches. What an archaic health system we had then. Remember school nurses? Ours wore a hat and everything.
I thought that I was supposed to accomplish something before I was allowed to be proud of myself.
I just can't recall how bored we were without computers, Play Station, Nintendo, X-box or 270 digital TV cable stations. We had to use our brain then.
Oh yeah... and where was the Benadryl and sterilization kit when I got that bee sting? I could have been killed!
We played 'king of the hill' on piles of gravel left on vacant construction sites, and when we got hurt, Mom pulled out the 48-cent bottle of mercurochrome (kids liked it better because it didn't sting like iodine did) and then we got our butt spanked.
Now it's a trip to the emergency room, followed by a 10-day dose of a $49 bottle of antibiotics, and then Mom calls the attorney to sue the contractor for leaving a horribly vicious pile of gravel where it was such a threat.
We didn't act up at the neighbor's house either; because if we did we got our butt spanked there and then we got our butt spanked again when we got home.
I recall Donny Reynolds from next door coming over and doing his tricks on the front stoop, just before he fell off. Little did his Mom know that he could have owned our house. Instead, she picked him up and swatted him for being such a goof. It was a neighborhood run amuck.
To top it off, not a single person I knew had ever been told that they were from a dysfunctional family.
How could we possibly have known that?
We were obviously so duped by so many societal ills, that we didn't even notice that the entire country wasn't taking Prozac!
How did we ever survive?
LOVE TO ALL OF US WHO SHARED THIS ERA; AND TO ALL WHO DIDN'T, SORRY FOR WHAT YOU MISSED. I WOULDN'T TRADE IT FOR ANYTHING!
Black and White (Under age 40? You won't understand.)
You could hardly see for all the snow,
Spread the rabbit ears as far as they go.
Pull a chair up to the TV set,
'Good Night, David. Good Night, Chet.'
My Mom used to cut chicken, chop eggs and spread mayo on the same cutting board with the same knife and no bleach, but we didn't seem to get food poisoning.
My Mom used to defrost hamburger on the counter and I used to eat it raw sometimes, too. Our school sandwiches were wrapped in wax paper in a brown paper bag, not in ice pack coolers, but I can't remember getting e..coli.
Almost all of us would have rather gone swimming in the lake instead of a pristine pool full of chemicals (talk about boring), no beach closures then.
The term cell phone would have conjured up a phone in a jail cell, and a pager was the school PA system.
We all took gym, not PE...and risked permanent injury with a pair of high top Ked's (only worn in gym) instead of having cross-training athletic shoes with air cushion soles and built in light reflectors. I can't recall any injuries but they must have happened because they tell us how much safer we are now.
Flunking gym was not an option... even for stupid kids! I guess PE must be much harder than gym.
Speaking of school, we all said prayers and sang the national anthem, and staying in detention after school caught all sorts of negative attention.
We must have had horribly damaged psyches. What an archaic health system we had then. Remember school nurses? Ours wore a hat and everything.
I thought that I was supposed to accomplish something before I was allowed to be proud of myself.
I just can't recall how bored we were without computers, Play Station, Nintendo, X-box or 270 digital TV cable stations. We had to use our brain then.
Oh yeah... and where was the Benadryl and sterilization kit when I got that bee sting? I could have been killed!
We played 'king of the hill' on piles of gravel left on vacant construction sites, and when we got hurt, Mom pulled out the 48-cent bottle of mercurochrome (kids liked it better because it didn't sting like iodine did) and then we got our butt spanked.
Now it's a trip to the emergency room, followed by a 10-day dose of a $49 bottle of antibiotics, and then Mom calls the attorney to sue the contractor for leaving a horribly vicious pile of gravel where it was such a threat.
We didn't act up at the neighbor's house either; because if we did we got our butt spanked there and then we got our butt spanked again when we got home.
I recall Donny Reynolds from next door coming over and doing his tricks on the front stoop, just before he fell off. Little did his Mom know that he could have owned our house. Instead, she picked him up and swatted him for being such a goof. It was a neighborhood run amuck.
To top it off, not a single person I knew had ever been told that they were from a dysfunctional family.
How could we possibly have known that?
We were obviously so duped by so many societal ills, that we didn't even notice that the entire country wasn't taking Prozac!
How did we ever survive?
LOVE TO ALL OF US WHO SHARED THIS ERA; AND TO ALL WHO DIDN'T, SORRY FOR WHAT YOU MISSED. I WOULDN'T TRADE IT FOR ANYTHING!
Wednesday, January 26, 2011
Wal-Mart vs the Morons
Snopes has verified this as "mostly correct"
http://www.snopes.com/politics/business/bigwalmart.asp
1. Americans spend $36,000,000 at Wal-Mart every hour of every day.
2. This works out to $20,928 profit every minute!
3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than
Target sells all year. (This is not true)
4. Wal-Mart is bigger than Home Depot + Kroger + Target Sears + Costco + K-Mart combined.
5. Wal-Mart employs 1.6 million people, is the world's largest private employer,
And most speak English.
6. Wal-Mart is the largest company in the history of the world.
7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in
Mind they did this in only fifteen years.
8. During this same period, 31 big supermarket chains sought bankruptcy.
9. Wal-Mart now sells more food than any other store in the world.
10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers;
This is 1,000 more than it had five years ago.
11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores.
(Earth's population is approximately 6.5 Billion.)
12. 90% of all Americans live within fifteen miles of a Wal-Mart.
You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy. This should be Read and understood by all Americans Democrats, Republicans, EVERYONE!!
To the President and all 535 voting members of the Legislature, both parties. It is now official . . . You are ALL corrupt morons.
a. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.
b. Social Security was established in 1935. You have had 74 years to get it right and it is broke.
c. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.
d. War on Poverty started in 1964. You have had 45 years to get it right. $1 trillion of our Money is confiscated each year and transferred to "the poor" and they only want more.
e. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.
f. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.
g. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more Oil than ever before. You had 32 years to get it right and
It is an abysmal failure.
You have FAILED in every "government service" you have shoved down our throats while Overspending our tax dollars.
AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN
HEALTH CARE SYSTEM ?? YOU THINK YOU CAN RUN THE AUTO INDUSTRY.... THE BANKING
SYSTEM?????
MAYBE WE OUGHT TO KICK YOUR EGG-HEAD BUDDY BUMS OUT OF OFFICE AND HIRE
WAL MART TO RUN THE GOVERNMENT ???
WAL MART SEEMS TO KNOW HOW TO RUN A BUSINESS.......WHY DON'T YOU GUYS
JUST ADMIT IT'S WAY BEYOND YOUR PAY GRADE AND QUIT?
Folks, keep this circulating. It is very well stated. Maybe it will end up in the e-mails of some of our "duly elected' (they never read anything) and their staff will clue them in on how Americans feel.
Republican/Democrat- There is no honor amongst thieves. TB "You can't fix stupid, but you can vote it OUT."
http://www.snopes.com/politics/business/bigwalmart.asp
1. Americans spend $36,000,000 at Wal-Mart every hour of every day.
2. This works out to $20,928 profit every minute!
3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than
Target sells all year. (This is not true)
4. Wal-Mart is bigger than Home Depot + Kroger + Target Sears + Costco + K-Mart combined.
5. Wal-Mart employs 1.6 million people, is the world's largest private employer,
And most speak English.
6. Wal-Mart is the largest company in the history of the world.
7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in
Mind they did this in only fifteen years.
8. During this same period, 31 big supermarket chains sought bankruptcy.
9. Wal-Mart now sells more food than any other store in the world.
10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers;
This is 1,000 more than it had five years ago.
11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores.
(Earth's population is approximately 6.5 Billion.)
12. 90% of all Americans live within fifteen miles of a Wal-Mart.
You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy. This should be Read and understood by all Americans Democrats, Republicans, EVERYONE!!
To the President and all 535 voting members of the Legislature, both parties. It is now official . . . You are ALL corrupt morons.
a. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.
b. Social Security was established in 1935. You have had 74 years to get it right and it is broke.
c. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.
d. War on Poverty started in 1964. You have had 45 years to get it right. $1 trillion of our Money is confiscated each year and transferred to "the poor" and they only want more.
e. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.
f. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.
g. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more Oil than ever before. You had 32 years to get it right and
It is an abysmal failure.
You have FAILED in every "government service" you have shoved down our throats while Overspending our tax dollars.
AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN
HEALTH CARE SYSTEM ?? YOU THINK YOU CAN RUN THE AUTO INDUSTRY.... THE BANKING
SYSTEM?????
MAYBE WE OUGHT TO KICK YOUR EGG-HEAD BUDDY BUMS OUT OF OFFICE AND HIRE
WAL MART TO RUN THE GOVERNMENT ???
WAL MART SEEMS TO KNOW HOW TO RUN A BUSINESS.......WHY DON'T YOU GUYS
JUST ADMIT IT'S WAY BEYOND YOUR PAY GRADE AND QUIT?
Folks, keep this circulating. It is very well stated. Maybe it will end up in the e-mails of some of our "duly elected' (they never read anything) and their staff will clue them in on how Americans feel.
Republican/Democrat- There is no honor amongst thieves. TB "You can't fix stupid, but you can vote it OUT."
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