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In reply to the discussion: Recovery threatened by runaway student loan debt [View all]SATIRical
(261 posts)then we need to do away with all loans. Apparently the typical person isn't responsible enough to handle a loan (if they even know what one is after 12 years of schooling).
I don't know why you choose to call them lazy and irresponsible. I don't feel that way about them since most people do pay off their student loans.
But are the "predatory lenders" responsible? Only if they commit fraud. And then that is determined in court and the student owes nothing. If they are not committing fraud, then they are not "predatory". They are just lenders and the terms of the loans are on the document the borrower signs.
And no, I don't read every user's agreement. However, if they have my real information to track back to me as an individual, then yes I do.
Can you get MORE hyperbolic? Someone lending you money is "a lifetime of economic suffering. " Oh, please. You certainly do not have to worry about me ever making you suffer.
I'm sorry that expecting people to read things before signing them or looking at the implications of borrowing large sums of money disgust you. Frankly, your cavalier attitude toward it, and then your audacity to whine because they didn't FORCE you to read what you were signing disgusts me.
Hey, but at least that big loan got you to some rockin' parties, right?