<p>Good luck HS class of 2009</p>
<p>They will surely need it. Just watch. One of the consequences from the housing market economic fallout will be the inability of those who want to pursue/are pursuing higher education to pay for tuition because they won't be able to get (enough) student loans. Over the years, that continues today, all higher education institutions have jacked costs up to a huge level on the premise that students could borrow money and now they can't. </p>
<p>The housing market has been correcting itself for the past, at least, two years as predicted by the Case-Schiller Index and home property values can drop by as much as 60%. In CA alone, home prices have dropped by 29.7% during this period. A repercussion will be mortgage paying parents unable to send Johnny and/or Susie to college because there won't be enough home equity to borrow money for an educational loan.</p>
<p>What will be telling are the higher education graduates who (will) default on $20-200K loans in the coming decade. This will be the ignored second wave of credit crisis.</p>
<p>......................lol ^</p>
<p>I will be applying for a transfer out of here. Wish me luck guys!</p>
<p>Where are you trying to transfer out? USC? :P</p>
<p>I'm not gonna answer that. >.></p>
<p>:rolleyes:</p>
<p>good luck future Bruins! </p>
<p>Remember that UCLA is an amazing school, but it's not the only one (though it IS the best one in SoCal, obviously). There are tons of schools out there that offer incredible experiences, so don't get too down on yourselves if it doesn't work out.</p>
<p>That being said, have fun with the app and best of luck in college admissions!</p>
<p>I think the Claremont schools are some of the best!</p>
<p>
Glad to see you find it funny and don't give a **** about students who may not be able to financially afford college next Fall and as early as next quarter. Guess you didn't receive the memo by Finaid.org saying 137 lenders stopped funding federal student loans and 33 have dropped private programs. This goes along with a 29% drop in dollar volume of Federal Stafford loans through the PLUS program which takes a look at the credit history of parents borrowing money for education.</p>
<p>You must find it hilarious your parents will take it up the ass paying higher taxes for the $840 bail-out of Wall Street...hardy har har. Tell 'em to bend over as much as possible since the actual projected cost to taxpayers will be at least $3 trillion. And how about their dwindling 401(k) accounts, savings and investments, along with hyperinflation on all good and services being imminent. That's comic relief, amirite?</p>
<p>You probably thing Gubernor Ahnold is cajoling CA residents and the rest of the nation when he's asking for a $7B loan from the government right? Lemme guess you don't have a ****ing clue why CA economy has tanked. Hmmm, let's see here......so we have high taxes and that still doesn't give enough high revenues? Well, I suppose I can't say anything about the Laffer curve or point out that it's a bad idea to chase wealthy people away to more forgiving states, because then I'd be an Ayn Rand drone. I can't mention that CA imports and protects illegal aliens who contribute little to no tax revenue and suck up a lot of resources: ER as primary care, ESL classes with crappy results, high rates of teen pregnancy and illegitimacy...that makes me a bigot. I can't even bring up the role CA might have played in contributing to some of the largest and most devastating parts of the sub-prime mess in places like Stockton and San Bernadino in a time when ads were being run in Spanish by mortgage lenders specifically appealing to people without papers. Nor can I point to any hostility in CA to extraction industries and logging and such, because then I'm a planet-raping bastard. I surely can't point to CA's opposition to building things like nuclear power plants or things like under-performing wind farms that lead the CA to being a net importer of energy. It couldn't have anything to do with the high minimum wage laws that make the state have incredibly high inflation, resulting in people being taxed at the federal level at a high bracket relative to their class. Nor could it be the high crime levels which leads CA to export criminals to other states have anything to do with the illegal immigration problem, CA's highly abused welfare programs, or CA's obscene gun laws. I can't point to any of that 'cause then I'd be a redneck.</p>
<p>Oh, I know: Bush ****ed CA over. That's what happened.</p>
<p>Unlike you, some individuals keep up with current events, give a damn abou the state of the economy and how it affects others. Do everyone a favor and stay out of this thread if you don't have anything to contribute intellectually, which is blatantly obvious that you don't.</p>
<p>We3AreGenius....u are the fool.....u need to calm down....if u want to succeed u can.....</p>
<p>Too bad hope doesn't pay the bills. :(</p>
<p>Chill...all some of us can do is laugh about it...
I'm not eligible for any financial aid, coz I'm not a citizen. </p>
<p>My dad's paying all of it out of his own pocket. You're not the only one so concerned</p>
<p>We3AreGenius, I would say to chill, but you just made my night. :D My favorite rant of the month!</p>
<p>haha i miss those days!</p>
<p>this brings back memories... good luck!</p>