The Choice Blog: Debt Collectors Cashing In on Student Loans

Nearly one in six student borrowers who owe money on their student loans is now in default, our colleague Andrew Martin writes.
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1 comment to The Choice Blog: Debt Collectors Cashing In on Student Loans

  • Angad75
    September 15, 2012 at 4:07 pm | Reply

    Education needs to expire which would be the unsatisfactory tasting medicine that is needed. This i’m sorry predicament would not change until we have now taxpayer-financed federal elections. As long as money can buy access as well as ballots (from the quid-pro-quo involving marketing campaign contributions = favorable votes), these huge influence-peddling organizations will certainly can be found and be guided simply by overpaid management, even when they fall short miserably. To help big companies, what’s a few trillion? It can be peanuts compared to the windfall they could receive whether they can impact even one crucial vote on the Hill each and every year (or some other year). Resident donors of humble indicates would be better served by investing their own gift funds on their family members, which will get smaller the excessive management spend. Almost all heads of such organizations are paid for to raise funds off person or company suckers around they may be paid to actually have an effect on self-serving ballots for the Incline. Us citizens will Keep in mind …

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