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They will take your student loan money out of your Social Security check. Manifestor_of_Light Jan 2013 #1
actually shanti Jan 2013 #62
Technically true, but there is an unspoken (?) rule that makes bankruptcy Judges block Egalitarian Thug Jan 2013 #69
Time for TARP2 KansDem Jan 2013 #2
The problem is, if there is any bailout by this administration it will be for the servicers/banks Maven Jan 2013 #9
These loans are generally not even dischargable through bankruptcy (which destroys credit coalition_unwilling Jan 2013 #39
Agree 100% Maven Jan 2013 #54
I made an OP about this issue a few weeks ago. white_wolf Jan 2013 #58
It's a sad day indeed, when one finds that the 'bright side' is some coalition_unwilling Jan 2013 #82
Nothing demwing Jan 2013 #3
They'll do something about it. They'll give the banks a big fat check from the taxpayer and they'll DogPawsBiscuitsNGrav Jan 2013 #21
Surprise, surprise. Lugnut Jan 2013 #4
There is a shortage of good jobs. JDPriestly Jan 2013 #5
Student debt jubilee reteachinwi Jan 2013 #6
Wait, so the typically affluent kids who went to college get it for free...? Demo_Chris Jan 2013 #10
Most of the kids who borrowed did so because they needed the $ to go to school Maven Jan 2013 #11
Seriously. There are a whole lot more affluent than poor in college Demo_Chris Jan 2013 #16
almost all of my daughter's friends are going to college on mommy and daddy's dime liberal_at_heart Jan 2013 #25
It's NOT the rich kids who are borrowing the money. fasttense Jan 2013 #29
I guess for some reason this is difficult to understand. Let me try another way Demo_Chris Jan 2013 #37
You are painfully wrong. aquart Jan 2013 #41
+1. Only rich kids go to college. obnoxiousdrunk Jan 2013 #44
Hell, I went to Yale. KamaAina Jan 2013 #46
Do you believe that your Yale education should be free? Demo_Chris Jan 2013 #49
No. I'm merely snarking on the notion that "only rich kids go to college". KamaAina Jan 2013 #50
If I am "disgustingly" wrong you should have no trouble providing data Demo_Chris Jan 2013 #48
This only works when you ignore imporatant numbers. Try this; Egalitarian Thug Jan 2013 #57
That is correct. JoePhilly Jan 2013 #76
Absolutely, but it's not the GOP, it is the ruling class and we have a whole bunch of them in Egalitarian Thug Jan 2013 #78
You are arguing apples and oranges. fasttense Feb 2013 #92
Okay... (cont.) Demo_Chris Feb 2013 #94
First you are assuming everyone can be a MIT grad if given enough money. fasttense Feb 2013 #95
Then we are on the same page. Education is our nation's BEST investment. In my opinion (nt) Demo_Chris Feb 2013 #104
You cannot be serious. a la izquierda Jan 2013 #33
What EXACTLY are you proposing. Be specific please. Demo_Chris Jan 2013 #47
There should be no interest on student loans. a la izquierda Jan 2013 #51
In a socialist country even the Wal-Mart worker would have a much higher living standard than here. white_wolf Jan 2013 #60
In a developed modern society PAYING for school should be the last consideration Demo_Chris Jan 2013 #71
Yet here in the U.S. paying for it has to be a consideration. white_wolf Jan 2013 #72
I agree. I believe education should be FREE Demo_Chris Jan 2013 #75
Everyone in this country should earn a wage... a la izquierda Jan 2013 #87
Zero interest loans are a great idea, assuming they apply to everyone... Demo_Chris Jan 2013 #67
Oh heck yeah, of course 0 interest should be available to all. a la izquierda Jan 2013 #86
I can well imagine (nt) Demo_Chris Jan 2013 #90
What intrinsic value do your multiple degrees have that justifies your to belief Egalitarian Thug Jan 2013 #70
I want the best educated teachers we can get Demo_Chris Jan 2013 #73
Fundamentally, I think we agree, although I don't think loans of any type should be required Egalitarian Thug Jan 2013 #77
I assume you understand that one-time forgiveness programs are unfair and regressive Demo_Chris Jan 2013 #79
I don't see how it would be regressive, but depending on your POV I can see how someone Egalitarian Thug Jan 2013 #80
Fair enough Demo_Chris Jan 2013 #81
Thank you. But I'm a girl :) a la izquierda Jan 2013 #85
Of course we agree. We probably agree on 99% of it. Sorry for calling you "he" (nt) Demo_Chris Jan 2013 #91
Um, I teach at a university and I'm an expert in my field. a la izquierda Jan 2013 #84
I don't think you have watched me trash educated people, I'm one myself. Further, you didn't answer Egalitarian Thug Jan 2013 #88
Are you friggin' serious? You bore me. a la izquierda Jan 2013 #89
That's exactly my point, thank you. You are a Socialist, yet don't seem to understand that Egalitarian Thug Feb 2013 #98
Sneering at a college professor is something I tend to see RWers do. Not Democrats. kestrel91316 Feb 2013 #101
Oh my, I'm in trouble now. Do you understand the difference between teaching Egalitarian Thug Feb 2013 #102
We don't generally call ourselves "lefties", lol. That would a RW epithet. kestrel91316 Feb 2013 #108
Yeah that Ed Schultz, as just one example, is such a blatant Reich-wing nut. Egalitarian Thug Feb 2013 #109
The morality of jubilees is always interesting Recursion Jan 2013 #68
I prefer pre-mortem justice and equality to post. But that's just me. :) Demo_Chris Jan 2013 #74
Maybe some of the banksters can toss in some pocket change Rex Jan 2013 #7
+1000 smirkymonkey Jan 2013 #35
Rising tuitions, declining wages... something's gotta give. reformist2 Jan 2013 #8
Ya mean, like the college loan "Bubble?" joeunderdog Jan 2013 #30
Not so much 'share-cropping' as it is 'indentured servitude,' but I definitely coalition_unwilling Jan 2013 #42
That's one reformation I'd join in. n/t white_wolf Jan 2013 #61
Occupy Los Angeles made a token effort to address this with its free coalition_unwilling Jan 2013 #83
This message was self-deleted by its author limpyhobbler Jan 2013 #12
This is sick. I am at the point where I just cannot afford to smirkymonkey Jan 2013 #13
have you looked into the income based repayment program? magical thyme Jan 2013 #14
Apply for income-based repayment Yo_Mama Jan 2013 #15
Thanks to both of you. I appreciate it. smirkymonkey Jan 2013 #18
The income-based repayment program just has you paying a fixed percent of income Yo_Mama Jan 2013 #19
I am actually paying an income based repayment. smirkymonkey Jan 2013 #52
Well, better man up and prepare a gigantic rescue package . . . . hatrack Jan 2013 #17
You mean the taxpayer Yo_Mama Jan 2013 #20
GOOD Matariki Jan 2013 #22
K&R Fire Walk With Me Jan 2013 #23
It has been out of control for awhile. Behind the Aegis Jan 2013 #24
That's criminal.....or it should be. Loan sharking is now legal and tpsbmam Feb 2013 #106
Occupy student debt tama Jan 2013 #26
If you had the money to payoff your Student Loans, but didn't... would that be immoral? OneTenthofOnePercent Jan 2013 #27
Another avenue of debt WE, US, WE will have to pay. Festivito Jan 2013 #28
And now we are heading into a double dip recession so I see this problems only fasttense Jan 2013 #31
du rec. nt xchrom Jan 2013 #32
K&r from a PhD with six figures of federal debt. a la izquierda Jan 2013 #34
K&R, from someone in debt yo SallieMae smirkymonkey Jan 2013 #36
Indentured Servitude, v. 2.0 - n/t coalition_unwilling Jan 2013 #38
Too bad we can't blame the banks for this. Maybe it's the Government's fault? dkf Jan 2013 #40
Like pretty much everything else, this problem can be laid right at the feet of the RW and kestrel91316 Feb 2013 #103
You honestly think this is only or mostly for profit collages? dkf Feb 2013 #105
They took $6,000 in "points" off a $20,000 loan. aquart Jan 2013 #43
So you are refusing to pay the interest you owe? Travis_0004 Feb 2013 #107
So, how do they control education costs in Europe??? reformist2 Jan 2013 #45
Where I have knowledge about this, they rigorously control access dmallind Jan 2013 #53
The best way to address this is ProSense Jan 2013 #55
I think the student loan racket is indentured servitude. Sheldon Cooper Jan 2013 #56
So let's go to equity instead of debt Recursion Jan 2013 #63
That would be fine if they're working in the field for which they studied. Sheldon Cooper Jan 2013 #64
I finally just caught back up with mine Recursion Jan 2013 #59
I may be very naive here so feel free to tell me why this is impossible, but... white_wolf Jan 2013 #65
They recapitalized my interest while I was deployed in the military for two years Recursion Jan 2013 #66
Oh come on, you know you want to take a flamethrower to them davidpdx Feb 2013 #93
I do. Apophis Feb 2013 #97
The tuition at my college keeps going up and they're offering less. Apophis Feb 2013 #96
Tuition is raised everywhere at my public university. I have to wonder where the money goes. white_wolf Feb 2013 #99
Same with my university. Apophis Feb 2013 #100
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