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This topic is in the Global Meltdown discussion forum.  (rss)


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


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reply posted on 19-3-2009 @ 08:07 AM by Oldtimer2


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



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reply posted on 21-3-2009 @ 08:33 AM by michaelawill


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]



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reply posted on 21-3-2009 @ 11:28 AM by Astyanax


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.



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reply posted on 21-3-2009 @ 11:43 AM by kieranmullen


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
[advert link removed]

reply to post by admriker444





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



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