Student Loan Fugitives
Question: When they got the money, they signed a contract and promised to repay >it……. it doesn’t matter if it was used for a Hawaii condo, college >tuition or a Lamborghini…… who determines which people should honor >their debts???
Answer: Why aren’t the Wall Street gangsters honoring their obligations? Also, the Lambo buyer can discharge his debts in bankruptcy whereas the student loan borrower cannot. The whole student loan scam is like mafia loan sharking – the shylock makes loans to people they know will never be able to pay it back and when the sucker defaults the mob owns his ass. He does whatever they say or Guido comes and removes his kneecaps. Why do you suppose there’s been no downsizing, restructuring etc in academia such that college costs have risen at 2 or 3 times the general rate of inflation? Because the shylocks know that they can create a whole bunch of debt slaves out of naive young kids who think that they’ve got to go deeply in hock to have any chance at a future career. Then reality sets in, after college they’re driving a cab and Guido is looking for them. You’re probably one of Guido’s bosses.
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