To: AccuracyAcademia
"How bad, exactly, is this for the former students?" Wait a minute. THEY DEFAULTED AND GOT FREE MONEY!
The question is: "How bad is this for taxpayers left holding the bag?"
The answer is: "Worse than ever since the Government just took over all Student Loans in one of the several great Nationalizations of Industry under 0bama."
2 posted on
07/19/2010 8:55:47 AM PDT by
Uncle Miltie
(Always refer to the Libs' new group as"ONE NATION, UNDER G-D!" That'll drive 'em nuts!)
To: AccuracyAcademia
You can default but you can never get rid of them. Whoever began these was brilliant. If you could write these loans off the taxpayers would be paying them off for them. I am so glad that you can't write them off even in bankruptcy.
To: AccuracyAcademia
Interesting... people who default on student loans get their tax refunds yanked.
4 posted on
07/19/2010 8:57:35 AM PDT by
pnh102
(Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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