Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 3 Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit 1 Share on StumbleUpon 1 Tell A Friend 8 (14 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
General News

Extorting Alums: Colleges Withhold Transcripts from Grads in Loan Default

By       Message Dave Lindorff     Permalink
      (Page 1 of 1 pages)
Related Topic(s): ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com Headlined to H4 3/30/12

Author 63
Become a Fan
  (82 fans)
- Advertisement -

By Dave Lindorff

(This article originally appeared in The Nation online, where it can be read in full)


Students, shackled by debt, are being extorted by their alma maters
(Image by ThisCantBeHappening)
  Permission   Details   DMCA

- Advertisement -

More than ten years ago, Pedro Rodriguez, a talented keyboard musician, came from his colonial homeland of Puerto Rico to go to Temple University. From a low-income family, he depended heavily on student loans to finance his four-year undergraduate study. Graduating summa cum laude with a bachelor's of music, he went on to earn a master's degree in music from Temple and then was hired for three years to teach there as an adjunct. By the end of college, he was $62,000 in debt but was making payments regularly until Temple laid him off, allegedly because of budget cuts. That's when his problems began. (Pedro Rodriguez is a pseudonym to protect his identity.)

Unable to find a job as a music teacher in the current economic crisis, he eventually went into default on his loans, which included Stafford, Perkins and private bank loans. Then this year, he decided to go on to earn a PhD, which would make it possible for him to get hired in his field. He applied to a top-rated university in the Northeast, but when it was time to send his school transcripts, Temple froze him out. "They said as long as I was in default on my loans, they would not issue a transcript!" says Rodriguez.

A spokesman from Temple confirms that it is school policy to withhold official transcripts from graduates who are in default on their student loans. As it turns out, the school is not alone; this is the position taken by most colleges and universities, though there is no law requiring such an extortionate position. They do this despite the fact the colleges themselves are not out the money. They have received the students' tuition payments in full and are in effect simply acting as collection agencies for the federal government.

- Advertisement -

The US Department of Education says only that it "encourages" colleges to withhold transcripts, a tactic which the department, in a letter to colleges, claims coldly "has resulted in numerous loan repayments."...


For the rest of this article by DAVE LINDORFF, please go to ThisCantBeHappening!, the new independent Project Censored Award-winning online alternative newspaper, at www.thiscantbehappening.net/node/1117

- Advertisement -

 

- Advertisement -

View Ratings | Rate It

Dave Lindorff is a founding member of the collectively-owned, journalist-run online newspaper www.thiscantbehappening.net. He is a columnist for Counterpunch, is author of several recent books ("This Can't Be Happening! Resisting the (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Israel's Gaza Atrocities Recall America's Atrocities in Vietnam

Supreme Court Junket King Scalia Dies While Vacationing with Wealthy Patrons at Private West Texas Getaway

Something's happening here: Clinton's Crumbling, Bernie's Surging and a 'Political Revolution' May Be in the Offing

The Case for Impeachment of President Barack Obama

Looming climate catastrophe?: A Rapidly Warming Arctic Could Loose a Methane Climate Bomb Causing Extinction in 9 Years

Barack Obama: Manchurian Candidate Version 2.0