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To: Captain Peter Blood

Don’t go into debt for a college degree.
It’s not worth it now and it definitely won’t be worth it in a few years.

One caveat, Obama/Dems could forgive student loan debt.
But that would crush the banks so I don’t think they’d do that.


16 posted on 04/30/2011 8:06:49 PM PDT by Lorianne (o)
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To: Lorianne

Banks are out of it. All Student Loans are now handled by the government. I checked the Sallie Mae website and the conduit for the loans, the only bank dealing with them is CitiBank, big surprise.


17 posted on 04/30/2011 8:13:40 PM PDT by Captain Peter Blood (.)
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To: Lorianne
One caveat, Obama/Dems could forgive student loan debt. But that would crush the banks so I don’t think they’d do that.

All student loans are now owned by the government.

Obama suggested a while back making indentured slaves out of people who owe student loans, only he called it "government service" to make it sound noble.

25 posted on 04/30/2011 8:23:37 PM PDT by E. Pluribus Unum (When and why did Steve Dunham change his name to Barack Hussein Obama? When he converted to Islam?)
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