Haven’t actually read this article as yet –
but Student Loans are a huge issue as Bernie Sanders recognized.
And it is yet one more way to bankrupt citizens.
What amazes me is that students haven’t organized against these
interest rates – especially as we’ve only begun to come out of a long,
long period of long-term employment and loss of unemployment benefits
beyond two years.
And, LAWYERS are doing nothing to help these students versus the very
harsh terms being set for repayment of the loans – the continueing and
compounding interest rates – and NO USURY laws covering these laws …
which used to be either 3 years or 6 years in our state.
Neither can these Student Loans be off-loaded by bankruptcy filings –
AND, if you succeed in somehow how the loan discharged the new gimmick
is to ADD it to your income at tax time!