He's really going full-on tear it all down lately, huh...
Yep … student loans system need … Obozo screwed this up too. And I’m sure His friends and donors got rich off of this …
The Wall Street Journal’s editorial board (WSJ) recently suggested that the Obama administration pulled off “the biggest accounting fraud in history” with student loans when eliminating the role of private lenders in the federal student lending market.
Experts who spoke with Yahoo Finance acknowledged the issue with the general policy in hindsight, though they disagreed on who exactly is to blame.
In 2010, Democrats “nationalized the market to help pay for Obama Care,” WSJ asserted. “The Congressional Budget Office at the time forecast that eliminating private lenders would save taxpayers $58 billion over 10 years. This estimate was pure fantasy, and now we’re seeing how much.”
That would be true if I were going to invest the money, but I'm just trying to free myself of a debt for more fooling around money 10 years down the road.
Yep … student loans system need … Obozo screwed this up too. And I’m sure His friends and donors got rich off of this …
The Wall Street Journal’s editorial board (WSJ) recently suggested that the Obama administration pulled off “the biggest accounting fraud in history” with student loans when eliminating the role of private lenders in the federal student lending market.
Experts who spoke with Yahoo Finance acknowledged the issue with the general policy in hindsight, though they disagreed on who exactly is to blame.
In 2010, Democrats “nationalized the market to help pay for Obama Care,” WSJ asserted. “The Congressional Budget Office at the time forecast that eliminating private lenders would save taxpayers $58 billion over 10 years. This estimate was pure fantasy, and now we’re seeing how much.”
Yep. I do too.
Do High Speed Rail next please. They did this same thing in Cali.
https://finance.yahoo.com/news/obama-administration-student-loans-experts-113140861.html
Did the Obama administration commit 'the biggest accounting fraud in history' with student loans? Experts weigh in
GOOD
So if I'm someone with a student loan wouldn't I try to bring down the principal as quickly as possible?
Postponing it payments even if it doesn't accrue interest doesn't help me. I want to pay them off quickly.
That would be true if I were going to invest the money, but I'm just trying to free myself of a debt for more fooling around money 10 years down the road.