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.)
To: festus
What a wonderful country! Or to quote that great american, Don King, only in America.
To: festus
The kids are getting screwed and congress is helping lending institutions do it.
They can always *choose* to avoid the risks and not go to college.
17 posted on
06/17/2007 12:14:40 PM PDT by
P-40
(Al Qaeda was working in Iraq. They were just undocumented.)
To: festus
The kids are getting screwed and congress is helping lending institutions do it.Student loans are also the only loans that can result in garnishment of pay *without* a court order.
80 posted on
06/18/2007 5:33:27 AM PDT by
Terabitten
(Virginia Tech Corps of Cadets - E-Frat '94. Unity and Pride!)
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