Our economy is crumbling, and things just got worse for Bachelors degree-hopefuls, especially those in Massachusetts. Last year, the Massachusetts Educational Financing Authority secured over $500 million in educational loans. This year, they’ve announced that they will not be offering loans for the upcoming academic year.

None. Zero. Zip. Zilch. Nada. They didn’t cut their $500 million budget to, say, $250 million. They exed the loans altogether.

MEFA secures loans for 40,000 students who live in Massachusetts, or who attend school there. Unfortunately, this year, the financing authority could not secure the money. Executive director Tom Graff blames “disruptions in capital markets.” So, just like that, 40,000 students are sh*t out of luck.

MEFA is the first to make headlines, but any financing authority could also be treading on thin ice. Which means that students across the country could be forced to drop out of college, or sell their souls to finance a degree that can cost upwards of FORTY GRAND per year at top-notch schools like Carnegie Mellon, Tufts, NYU, and Notre Dame.

When I was in college, I played my cards right, and managed to get through my degree with almost no debt, and decided to pursue a Master’s, rather than join the work force right away. With our declining economy, I am currently paying dearly for that decision. Read More »

You gotta love Japanese culture. They always find a way to surprise you with their little quirks and pleasantries.

I mean, in America, the stereotypical retiree will move down to Florida to spend their time lounging by the pool in a gated community or playing a few holes on the golf course. Lame. In Japan, adult films for senior citizens, aka “elderly porn” is growing into quite the profitable franchise, according to porn producing giant Ruby Productions.

While America’s economy is declining, many entertainment venues (including golf courses) are taking a hit. In Japan, at least one retiree is cashing in on the entertainment biz. Shigeo Tokuda, 73, is the Ron Jeremy of elderly porn.

CNN correspondent Kyung Lah describes Tokuda as “the star of his movies in every way, romancing his co-stars, no matter their age, no matter their needs.” And apparently, his films are no-holds-barred, much like anything Jenna Jameson has appeared in. Read More »