Thursday, April 07, 2016

This won't end well

Daily Caller: "More Than 40 Percent Of Americans Aren’t Paying Their Student Loans."  "More than 40 percent of Americans with student loans aren’t currently making payments on them, raising the specter of massive loan defaults in Department of Education’s gargantuan $1.2 trillion student loan portfolio."

The government stepped in to "help" the "problem" of private banks funding education, kids loaded up on low-interest loans to go to for-profit schools, then they walked away sticking the taxpayers with the bill.


Anonymous said...

Is there any reason why they should pay for their student loans? Haven't they been trained to just wait for their bailout?

Bluegeometric said...

No, because they are paying for Obamacare.

Anonymous said...

An interesting take, since the 18-34 demographic disproportionately qualifies for cost assistance and Medicaid under Obamacare. They're also the demographic with by far the largest number of uninsured.