She did not realize.
Why didn't she realize? Because she didn't read it, or she read it and didn't understand it?
If you don't "get" your loan docs why wouldn't you go buy a half hour's worth of time of a loan expert or an accountant TO FREAKING HELP YOU UNDERSTAND?
I hear a recurrent theme that people who dont live up to their contractual obligations are at fault. I tend to agree. However, where are these same people when corporations decide they dont want to pay the pensions they agreed to? How is it that individuals have to operate intelligently and ethically, but corporations arent held to the same standard of conduct?
FWIW: I live in Shaker the article is grossly incorrect.