Quote:Are you sure you dont work for Sallie Mae? They tote those same lines to some people I work with who call the workplace all the time.

Nope but I'm in the process of paying a boat load of money to them for my wife's student loans prior to our marriage.


Name me any other type of loan that gives you options like the forbearance, deferment, income based repayments, extended terms up to 25 years, fixed terms to reduce interest, graduated payments that's off the top of my head, as long as your paying you can't name a more generous term on loans, it's not welfare it's a loan.


Now if you want someone to burn at the stake id point you in the direction of the institutions. The average loan balance is far greater then the average cost of a degree, these kids are spending the loan money on costs of living instead of living on less.


Now if you want to just subsidize college education that's a different topic but the loan companies I laugh if only my mortgage was so flexible!

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