"NYU Channels Wall Street: New Documents Show Lavish Pay, Perks and Secret Deals," by Pam Martens (Wall Street on Parade)
Money Quote: "According to documents unearthed in a month-long search of public records, NYU Law School has created an array of nonprofits to funnel money into lavish perks for its professors. The money has been used by professors to buy multi-million dollar brownstones and condos in Manhattan and Brooklyn with portions of some loans forgiven over time. In some cases, even the interest charged on the loans has been reimbursed."
Hat tip to Dybbuk123 for this link.
Quite apart from this being beyond the pale, I've often wondered why unemployed debt slave lawyers don't just form their own non-profits and hire themselves full time to become eligible for loan forgiveness. Good for the goose.
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"3 People, 1 Big Student Loan Debt: My Make-Ends-Meet-Plan," by Colleen Oakley (The Jane Dough)
Money Quote: "The culture of the legal profession is to never talk about your student loan debt because most people who've paid it off are resented by contemporaries who haven't."
Discussions around debt in society in general are verboten.
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More to come.
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