If the dollar collapses do we get out of student loans ?

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posted on Mar, 19 2009 @ 08:07 AM
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The possibilitys of a debtors prison comes to mind,probably will become an indentured servant to the government untill they feel the debt has paid off,just like the old days,you think the government cares about being fair once socialism is enacted,not likely




posted on Mar, 21 2009 @ 08:33 AM
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The biggest problem in the system is not the banks. It's money.

Stop letting money control you.

[edit on 21-3-2009 by michaelawill]



posted on Mar, 21 2009 @ 11:28 AM
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reply to post by admriker444
 

You have to pay $600,000 on a $250,000 loan over thirty years and you're complaining?

You should be celebrating.

Assuming a reasonable three percent rate of inflation, I calculate that your $600,000 will be worth $240,604.24 at today's value.

Sounds to me like your wife got a sweet deal. Some people don't know when they're well off.



posted on Mar, 21 2009 @ 11:43 AM
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So sir why do you believe you are not obligated to pay a loan that was given to you? You knew the risk before hand. Did you think it was a free loan? Did not think there would be no interest? Either you are incredibly stupid or incredibly lazy. Either way people like you is what is wrong with the United States today.

People take risks and sometimes they succeed and sometimes they fail. It is up to you to determine if you have succeeded or failed, but you must take the responsibility of accepting the risks with either of those outcomes.

KieranMullen
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reply to post by admriker444
 




[edit on 21-3-2009 by 12m8keall2c]






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