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To: ChicagoConservative27

Using taxpayer money to pay bills or buy votes doesn’t lower any prices. It just pays their bills and actually increases prices. But never mind reality.


29 posted on 04/12/2024 7:49:57 AM PDT by FoxInSocks ("Hope is not a course of action." — M. O'Neal, USMC)
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To: FoxInSocks

My youngest son went one year to college on a baseball scholarship but still had to borrow $5K to go. He made B’s and C’s and completed the year and hated everything about college and quit and went to work.

At some point in the process I had used one of my burner emails for his contact and I check it once a month and found an email from the US government he was behind on payments so I clicked to find out what was going on.

We hadn’t received any letters notifying us of the payment process: who to pay-we had no clue who had the loan, how much, when it was due etc... Apparently, he had to find out these things on his own and I found he was two months behind because they simply hadn’t notified him period. Long story short he paid the over payments and I set him up to pay monthly payments automatically, $50 a month. He borrowed it and he can pay it easily, but the US government and loan holders are the equivalent of dumb and dumber when it comes to communications with student loan holders and people paying their student loans and not paying-when the loan holder uses ESP as its form of communications loans don’t get paid.

When I graduated I received a letter showing the amount borrowed and the amount due each month and where to send it and received a statement each month until paid in full, same with grad school loans.

One further note, if you had a student loan and paid it in full you will received a letter from the loan holder stating it it paid in full-put that letter in a fire box or safety deposit box its the only thing showing you paid the loan off and these companies have come back on people years down the road demanding they pay for loans they have already long since paid off.


33 posted on 04/12/2024 8:22:22 AM PDT by sarge83
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