Posted on 10/12/2015 8:26:54 AM PDT by reaganaut1
Sure thing!
The Left appears to be openly lobbying for more Liberal judges to apply that rule ever-more Liberally.
It isn’t enough that Clinton lowered the interest rate of Sallie Mae student interest loans, then made the interest a tax deduction.
They want `out from under’ completely, the Democrats, particularly Shrillary, are dying to pander to them for their votes and the GOP-e will roll-over like two buck whores.
I paid 9% for many years on my student loans, had no tax deduction and wife and I finally took out a home equity loan to pay off the balance.
Throw the bums out!
Yeah, it was your choice. I paid mine, you can pay yours.
The articles linked are also good. To declare bankruptcy you need to have paid on time for 5 years and then have a good lawyer.
Another article has the answer to getting kids strapped with loans...
“Brannon has a good reply, however. “If we are concerned that allowing students to escape debt via bankruptcy might open up the college loan market to the same moral hazard problems that befell the mortgage market and will leave the government on the hook, we could make the institutions of higher learning assume their loan payments after a bankruptcy.”
Now we’re talking.
As things currently stand, colleges and universities have absolutely nothing to lose when they enroll students who have borrowed for the tuition but have minimal academic ability and interest. The schools pad their bottom lines (and never listen to anyone who tells you that non-profit entities aren’t interested in revenue maximization) and try to keep students happy with a weak curriculum and inflated grades. They bear no risk at all.
Suppose that we implemented Brannon’s idea and said to colleges and universities: If you enroll students who later go bankrupt, you take over the payments. The consequences would be dramatic.”
Who will hire me, indeed. I'm past my prime and on the downward slope of the hill.
I have a resume, professionally done, though it hasn't done me much good so far. As for Texas, yes, I have a son who lives in San Antonio and he's telling me to "come down here and get a real job."
Not sure what to make of that.
:-)
I've also been out of work, let's see (counting my fingers and toes here) at least a half a dozen times over my lifetime, and let me tell you, it's not fun.
You know, truth to tell, I don’t mind Indiana winters. I grew up with them. I lived in the N/W corner of the state up until 1982, and returned in 1989. Never been away since, but that’s not to say I’ll stay here if I find work elsewhere.
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