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dkf

(37,305 posts)

3. The thing is all these loans have made it more expensive because the colleges know people can pay.

Reply to FirstLight (Reply #2)

Fri Apr 27, 2012, 10:06 AM

Apr 2012

And the banks and government will give you loans because they have you for life.

I wonder how many kids know there is no way to get out of this debt? Would they have hesitated if they did?

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Highlight:

Student Loan Debt Slaves In Perpetuity - A True Story Of "Bankruptcy Hell" [View all] dkf Apr 2012 OP

Student debtors need to finagle their way into credit cards with high limits kestrel91316 Apr 2012 #1

Student loans are unsecured (unless taken to judgment). And refinanced student loans Hosnon Apr 2012 #4

The suggestion is to pay off the student loan with credit cards which are dischargable. dkf Apr 2012 #6

I'm not talking a refi. I am talking paying them off with funds from a credit card kestrel91316 Apr 2012 #8

How big of a credit line do you think a person in that position would get? badtoworse Apr 2012 #9

I was just having this conversation about Debt Forgiveness FirstLight Apr 2012 #2

The thing is all these loans have made it more expensive because the colleges know people can pay. dkf Apr 2012 #3

yup, think about it this way: naaman fletcher Apr 2012 #5

I just don't see a way for congress to give reprieve here because there is no way to reimburse cbdo2007 Apr 2012 #7

Sigh sudopod Apr 2012 #10

Sorry, I hate for reality to get in the way of DUtopia.... cbdo2007 Apr 2012 #11

NDEA Student Loans in the 70s cr8tvlde Apr 2012 #12