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askeptic

(478 posts)

4. Well, maybe he's right - can't discharge in bankruptcy

Reply to Galraedia (Original post)

Mon May 14, 2012, 03:37 PM

May 2012

unlike any other kind of debt. Colleges constantly raising tuition so students can go further into debt for a degree that won't get 'em a job. Sometimes I think the loan program keeps the costs going up because the loan creates artificial demand. I know this view may not be popular here, but until this debt is just like any other unsecured loan, I wouldn't advise anyone to take it.

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Pete Hoesktra, Michigan Senate Candidate, Wants To 'Kill Federal Student Loans' [View all] Galraedia May 2012 OP

Yes, let's make sure that only people who can pay for college up front sakabatou May 2012 #1

Probably a smart and money saving move in his case. Turbineguy May 2012 #2

Another Right-Wing Whackjob hawaii73 May 2012 #3

Well, maybe he's right - can't discharge in bankruptcy askeptic May 2012 #4

What an ass-carrot truebrit71 May 2012 #5

Perhaps the guy is right? cstanleytech May 2012 #6

You CAN'T honestly believe that's what he meant. n/t Occulus May 2012 #8

No, I am saying perhaps he is right as far as doing away with most of the loans but cstanleytech May 2012 #14

Hoekstra is advocating letting Wall Street control all student loans. alp227 May 2012 #12

Exactly. And people aren't in dept to their eyeballs b/c of federal student loans. Iris May 2012 #13

1. It's "Hoekstra", and 2. He's scary. harmonicon May 2012 #7

Teabagger has different sulphurdunn May 2012 #9

If they get away with this our nation will be in Norquist's bathtub. But then that is what they gop jwirr May 2012 #10

I agree. Student loans are nothing more than a morally bankrupt way to inflate fees and profit from jtuck004 May 2012 #11