Lawyer's Student Loans May Have Driven Him To Murder, Police Say

Villanova Law School

BUSINESS INSIDER Erin Fuchs | Mar. 4, 2013, 6:26 PM<Click 
“... Florida police believe 32-year-old Philadelphia lawyer John Conrad Wagner shot his mother to death in bed before killing himself, the Philadelphia Daily News reports....

GAWKER STUDENT DEBT MELTDOWN<Click

Student Debt Is Perfectly Following the Financial Meltdown Script,

Hamilton Nolan ~  "... Just when the stock market recovers and public optimism returns and you start to lose faith in the power of American capitalism to constantly repeat its past mistakes in the form of foreseeable boom-and-bust cycles that always end in massive losses, the system steps up to reinforce your belief in humanity's fundamental unwillingness to learn from past mistakes, ever. Hello, looming student loan meltdown! ....

LIVING LIES GARFIELD FIRM

Shocking Bubble in Student Loans Adds to Economic Woes  "... In short, predatory loan practices and outright fraud, proven by the robo-signing scandal in which fabrication of entire loan files cost only $95 according to its price sheet, convinced millions of people to borrow sums of money they could never repay on terms that were guaranteed to fail at he borrower level. In the meanwhile, the lenders (investors) were sold a different set of terms. The intermediaries tricked the lender, tricked the borrower and then set out to claim the loans as their own, getting the insurance proceeds and proceeds from credit default swaps and federal bailout....

.. Look under any rock in the private student loan landscape and you’ll find lost documents, robo-signed documents, fabrications, forgery and perjury. It’s the same tune as the mortgage mess....

.. In any normal situation where bankers go wild, hundreds of people go to jail and receivers are appointed with the express purpose of clawing back as much as possible to provide restitution and reparation to the victims. Following the existing rule of law, that is exactly what should happen here with real estate loans and student loans. It won’t fix everything, but it will fix a lot more than current policy and give a boost to an ailing economy whose foundation is rotting and cracking under the weight of  shadow banking..

.. Continue Reading Neil Garfield Living Lies<Click

1936, SOUP KITCHEN IN THE GREAT DEPRESSION

"... But one law school is taking great pains to let prospective and current students know exactly how poor they could be if they pursue their attorney dreams, the National Law Journal's Karen Sloan reports ....

BUSINESS INSIDER One Law School Reveals The Scary Reality Of Paying Back Massive Debt<Click

See Also BUSINESS INSIDER Erin Fuchs | Mar. 4, 2013, 6:26 PM<Click:

• One Law School Reveals The Scary Reality Of Paying Back Massive Debt 
• Harvard, Stanford & Yale Don't Do So Well On A New Law School Ranking