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To: SeekAndFind

You took out the loan, you signed the dotted line, you legally agreed to the contract. Welcome to the real world. We paid off our loans, so quit griping and live up to your obligations.


5 posted on 05/25/2012 10:23:17 AM PDT by theDentist (FYBO/FUBO; qwerty ergo typo : i type, therefore i misspelll)
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To: theDentist

And, flip side, some company wrote up a contract knowing they were loaning a lot of money to someone who has strong odds of not paying it back. Welcome to the real world. Viable loans get paid back on the whole, unviable loans don’t, so quit griping and suck up the loss.

Both sides need to recognize some scenarios just aren’t feasible, and like the housing bubble seems it will take a crash to wake people up to the fact.

Tuition will keep going up until people stop agreeing to pay it.


9 posted on 05/25/2012 12:41:25 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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