Refunds are a common practice for businesses who want to ensure customers return again and again to their places of business, but what is the recourse for an college student who receives a lifetime of propaganda that their college Degree ensures a lucrative career, and it doesn't actually pan out?
Demand a refund of course!
And this is just what one student has done on Nov. 12, by submitting a petititon to the Obama administration to offer college graduates, who owe massive student loan debts, the right to turn in their diplomas in exchange for a refund of their money.
We petition the obama administration to:
Provide University graduates ability to trade their diplomas back for 100% tuition refunds.
Because of the inability of recent college graduates to find gainful employment in order to repay their college debt, and since this college debt cannot be eliminated in bankruptcy, and most of the recent additions to the job market have been in service related industries, the Obama administration should take up the cause of reducing college debt and hold those accountable responsible.
In the name of Consumer Protection, recent college graduates should have the ability to return the diploma and not make any reference to receiving education from the college in exchange for a 100% refund of college tuition. This may be extended with a graduated (ha, get it?) reduction for the last four years, with a red line at January 20, 2008.
While a novel idea, and unique way to hop on the Obama welfare wagon like 53% of Americans have already done, it would probably be more prudent to simply sue the college professors and university where you got your Degree, for failing to teach you basic logic and economics in believing that borrowing $120,000 would guarantee you a chance at one of Obama's famous shovel ready burger flipper jobs.
I'll have some fries with that Mr. Liberal Arts Degree man.