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Yet Another Scam - Student Loans & Forcing Default
#9
Sadly, in the USA most can't afford to go to university unless they borrow money. On paper it looks as if the loans are low interest and one can get periods of repayment suspended if one is not employed or not gainfully employed...but in reality they want you to default and then they can invent all the penalties they want - and do - then go after that new huge amount. Nothing much one can do at the moment to stop them...that is why some leave the country. Others have committed suicide. One doctor was forced out of his practice and now drives a truck under a false name....etc.
Sick system from top to bottom, side to side, front to back.
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
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Messages In This Thread
Yet Another Scam - Student Loans & Forcing Default - by Peter Lemkin - 16-05-2009, 05:39 AM
Yet Another Scam - Student Loans & Forcing Default - by Myra Bronstein - 16-05-2009, 04:59 PM

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