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Submission + - VC Likens Google Bus Backlash to Nazi Rampage

theodp writes: Valleywag reports on legendary Silicon Valley venture capitalist Tom Perkins' WSJ op-ed on class tensions, in which the KPCB founder and former HP and News Corp. board member likens criticism of the techno-affluent and their transformation of San Francisco to one of the most horrific events in Western history. "I would call attention to the parallels of Nazi Germany to its war on its 'one percent,' namely its Jews, to the progressive war on the American one percent, namely the 'rich.'" Perkins writes. "There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these 'techno geeks' can pay...This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendent "progressive" radicalism unthinkable now?"

Submission + - Duke Grad Student Secretly Lived In a Van to Escape Loan Debt

sosboknabil87 writes: By the time Ken Ilgunas was wrapping up his last year of undergraduate studies at the University of Buffalo in 2005, he had no idea what kind of debt hole he'd dug himself into.

He had majored in the least marketable fields of study possible — English and History — and had zero job prospects after getting turned down for no fewer than 25 paid internships.

"That was a wake-up call," he told Business Insider. "I had this huge $32,000 student debt and at the time I was pushing carts at Home Depot, making $8 an hour. I was just getting kind of frantic."

Back then, student loans had yet to become the front page news they are today. Ilgunas could have simply deferred his loans or declared forbearance. He also could have asked his parents (who were more than willing to help) for a leg up. He could have thrown up his hands and gone to grad school until the job market bounced back.

Instead, he moved to Alaska and spent two years paying back every dime. And when he enrolled at Duke University for graduate school later, he lived out of his van to be sure he wouldn't have to take out loans again. more => Duke Grad Student Secretly Lived In a Van to Escape Loan Debt

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