Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin

Not a problem for me. I paid mine off, so can they.
The security for a home loan mortgage is the house. The security for the GSL is ... the student.
This is a black cloud over their heads that will follow them until they pay it off.
So suck it up buttercups: pay. Otherwise, you’re paying Sallie Mae trolls to dun you for years.


36 posted on 11/18/2016 11:18:33 AM PST by tumblindice (America's founding fathers, all armed conservatives)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: tumblindice; Kaslin
I paid mine off,

So did I and my guess is so did 9 out of 10. 

This article looks like little more than a rant about something everyoen likes to make things up.  Example, the article:  Student debt is now in excess of $1.2 trillion.  The number from ed.gov is $1.4T. 

The article also sad "Twenty-five percent of those with student debt are in delinquency or default", and Student Loan Hero says "Student loan delinquency rate of 11.1%" while the WSJ says "43% of the roughly 22 million Americans with federal student loans weren’t making payments".  Here's what the Dept. of Ed has:

There's a lot to this but the way everyone clings to their own reality system makes it hard to work out policy.

51 posted on 11/18/2016 12:58:44 PM PST by expat_panama
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson