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Old 07-22-2007   #6 (permalink)
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Racoon
Politically Incorrect


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Re: Help! Student Loans!

Student Loans are great until you have to pay them back..
However, They are comparatively low interest and reasonable about paying them back..

For those who may not know, Filing Banckruptcy won't eliminate your student loans.
Or everybody would spend $60,000 and file bankruptcy after graduation.
(Same goes for Child Support.. It doesn't go away)

You knew you were taking a loan. They do give you leniency between school graduation/dropout and finding work..

If the amount is high, then you're pigeonholed and you knew that going in.. A degree in todays economy isn't what it used to be.

If your loans are under $10,000 then thats a good thing and you can get out of that.

Was it A government subsidized loan?
Or something else?


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