Reply #97: Question is not whether it's smart or stupid.

[caseymoz]

Question is whether it was right for the bank, who you assume hires somewhat smart people, BTW, to call the loan in immediately and take ALL THEIR MONEY AT ONCE. How spirited are the couple going to be to repay the rest of the their loan? Now that they've put the couple in deep trouble with every other creditor, how long will it be before these people are even inclined to open one of the bank's letters?

And how inclined are other people going to be to ever take out a student loan with this bank? Or a student loan period? This kind of ham-handed action hurts the general education of the country, which is thirsty for more educated people.

Stupid assholes.