And POP goes the Student Loan bubble...

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And POP goes the Student Loan bubble...

Postby Indaswamp » Tue Aug 06, 2013 10:28 pm

http://www.zerohedge.com/news/2013-08-06/only-40-federal-student-loan-borrowers-are-currently-making-payment

there are radio commercials playing right now about restructuring your student loans to reduce your payments by half....yep, it's popped...
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Re: And POP goes the Student Loan bubble...

Postby ScaupHunter » Wed Aug 07, 2013 8:22 am

This tells me that the price of an education, just like the price of medicine is ridiculously over inflated. Toss in a bad economy that is getting worse with our stupid leadership in this nation and you create your own disaster of educational proportion.
Last edited by ScaupHunter on Wed Aug 07, 2013 9:07 am, edited 1 time in total.
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Re: And POP goes the Student Loan bubble...

Postby vincentpa » Wed Aug 07, 2013 8:40 am

The more the government subsidizes education, the more it costs. With every new program to "help" make college more affordable, the cost of tuition rose accordingly.
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Re: And POP goes the Student Loan bubble...

Postby ScaupHunter » Wed Aug 07, 2013 9:12 am

It is endlessly amazing to me how stupid people really are. We are 17 Trillion in debt. Everything the government tries to impact or run fails economically and eventually functionally. Nothing the government does ever works out like it is supposed to.

When are people going to realize that we need to ratchet government back to a minimum. It is a necessary evil that has turned into a monolithic self destructive citizen controlling beast!
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Re: And POP goes the Student Loan bubble...

Postby Gunnysway » Wed Aug 07, 2013 1:39 pm

Hope and change... :grooving:
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Re: And POP goes the Student Loan bubble...

Postby beretta24 » Sat Aug 10, 2013 12:52 pm

http://m.usatoday.com/article/news/2632671

It's ok, they fixed it. @

Wait a minute, I thought the Pres, Republicans and most Democrats said no more bail outs. :fingerhead:
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