Fed Financial

what do you think of private student loans vs government student loans?

what about the subsities for private student loans that cost the tax payer 4 time more than the goverment loans? oh dear i hope i didn't just kill all the republicans that read this, a goverment program that works better than a private one. how many republicans brains just exploded? student loans are not coverd under bankruptcy

Public Comments

1. It doesn't work better, because no one knows about it.
2. Try going to this site, they have lots of information about this sort of stuff.
3. The private lenders have basically took over the government student loans and are making huge profits from our taxes and the interest on the loans themselves. It's disgusting. And, they now have the largest lobbiest agency in D.C. So all the bills being passed supposedly for students these days is actually being passed for the lenders. I wouldn't blame anyone getting student loans these days to say 'fck it, I refuse to pay them back' just on principle. It may hurt their credit score for 7 years but the fact remains it beats paying back $150,000 for a $40,000 student loan. It's become way too corrupt. It's indentured servitude and they are a rip off. Just my opinion.