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Trump administration proposes capping student loans
Poast new message in this thread
Date: March 19th, 2019 12:25 AM Author: seedy trust fund https://www.cnn.com/2019/03/18/politics/trump-student-loan-limit-cap/index.html
Can't wait to see who votes against this common sense regulation. |
Date: March 19th, 2019 12:26 AM Author: Trip Fanboi Doesn't fix the actual problem though (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953323) |
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Date: March 19th, 2019 12:28 AM Author: seedy trust fund People like you are the worst. It a giant step in the right direction. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953330) |
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Date: March 19th, 2019 12:30 AM Author: Yellow Travel Guidebook Limiting federal loans won't do much. There are plenty of private lenders, and they have the same bk protection. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953335) |
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Date: March 19th, 2019 12:32 AM Author: blathering abusive shrine pervert (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953338) |
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Date: March 19th, 2019 12:32 AM Author: Contagious sable mental disorder police squad So? They have to underwrite at least, u fucking idiot (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953343) |
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Date: March 19th, 2019 12:33 AM Author: Yellow Travel Guidebook And you think that is a major impediment? (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953346) |
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Date: March 19th, 2019 12:34 AM Author: Contagious sable mental disorder police squad Uh, yeah. U think a sane private bank would underwrite Pablo for his 3rd Masters after he's already 400k in debt? Are you retarded? (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953348) |
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Date: March 19th, 2019 12:36 AM Author: Yellow Travel Guidebook They jack up the interest rate and get a cosigner. That's how it was done relatively recently. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953356) |
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Date: March 19th, 2019 12:37 AM Author: alcoholic hunting ground office (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953362) |
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Date: March 19th, 2019 12:32 AM Author: seedy trust fund Somehow I don't think private lenders are going to keep giving out $200k to people getting dance degrees or $300k to people going to Cooley law. That doesn't seem sustainable. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953344) |
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Date: March 19th, 2019 12:34 AM Author: Yellow Travel Guidebook It was barely a decade ago when private lenders were cranking out tons of loans. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953349) |
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Date: March 19th, 2019 12:36 AM Author: seedy trust fund You don't understand the scale at which the game has changed. The debt load has more or less doubled in those 10 years - which sounds bad, but is actually horrendous as student debt probably went from 10% post tax cash flow for these people to 40%. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953358) |
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Date: March 19th, 2019 12:34 AM Author: Contagious sable mental disorder police squad (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953350) |
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Date: March 19th, 2019 12:29 AM Author: Yellow Travel Guidebook Bankruptcy discharge after 5 to 7 years with a partial clawback from the school is the answer. (http://www.autoadmit.com/thread.php?thread_id=4224065&forum_id=2#37953331) |