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To: festus
Private insustry is now big time in the student loan business. They are bribing the schools to put their info in the student's face.

It won't go away and the universities will continue to increase fees because there is no incentive to do otherwise.

9 posted on 06/17/2007 12:05:17 PM PDT by herMANroberts
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To: herMANroberts

True. But those loans are, at the end of the day, government backed against default.

They have the added “bonus” of not being able to be wiped away in bankruptcy either.

The kids are getting screwed and congress is helping lending institutions do it.


10 posted on 06/17/2007 12:07:52 PM PDT by festus (The constitution may be flawed but its a whole lot better than what we have now.)
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