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aspirant

(3,533 posts)
Sun Jan 18, 2015, 11:03 PM Jan 2015

The real Student Loan person

In reality, this is another screw the poor Americans program wrapped with torn blankets.These repayment programs are 20-25 years of servitude, making it necessary to take any job available to repay the loan providers.

FAFSA takes your application and if you or your parents make to much money, you don't get a nickel. If you are poor and needy the welcome mat comes out. So in the beginning you qualify only if you have almost nothing with no ability to repay. In the financial world, this is beyond high risk, so the govt steps in.

The government isn't all lovey-dovey as they put a loan provider, snatching profits, in the middle of all this. Then they slide in legislation making it virtually impossible for INDIVIDUAL debtors to discharge their debts using the Bankruptcy Code. How close are we to calling this slavery?

Then the PTB start changing the topic and say look over there, a trillion dollars in student loans can't be forgiven or the country will fall into another depression.Then they say we must pass the CRominbus Bill to bail out the banks with trillions so we can avoid another depression. How do we fall for this nonsense?

The poor for too long have carried the burdens of this country. Again, these are the people carrying this Student Loan debt and it's time to rid ourselves of this inequality. BLESS, those who have less and bring this rigged system to its knees.

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The real Student Loan person (Original Post) aspirant Jan 2015 OP
Kicked and recommended a whole bunch! nt Enthusiast Jan 2015 #1
I got my MS in 1983 and STILL owe. MarianJack Jan 2015 #2

MarianJack

(10,237 posts)
2. I got my MS in 1983 and STILL owe.
Mon Jan 19, 2015, 10:12 AM
Jan 2015

I'm almost 60. I didn't even MEET my wife until 1997. I've told her that if they come after her when I die to tell them to go F**K themselves!

PEACE!

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