To: Haiku Guy
Agree.... 23 years later and she hasn’t paid off 26K? I’d empower the IRS to go get it from her if it was my call.
46 posted on
11/22/2011 4:44:54 AM PST by
kjam22
To: kjam22
Agree.... 23 years later and she hasnt paid off 26K? Id empower the IRS to go get it from her if it was my call.
23 years and she currently owes almost 2x what she originally borrowed? AFTER replaying the principle and then some?
Something just doesn't seem right about that. The only thing I can think of is that she refused to pay for a LONG period of time and now owes all sorts of additional accrued interest.
I borrowed about $20k about 10 years ago to get me through the last year and a half of my Masters degree. I've paid my bills every month; am about ready to pay the loan off completely. I'm grateful for having been able to obtain the loan, and put it towards a degree (business) that has really furthered my career.
Having said that, I really despise the OWSies for wanting to escape their debt obligations for "feel good" degrees that don't amount to anything in the real world. And I'm going to be royally ticked if, after 10 years of repaying MY loan, they get the loan-forgiveness they are seeking. Unless of course the Obama Administration wants to repay ME for my paid-off loan. With interest ... ;-)
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