Sunday, September 28, 2008

Can I stop paying my student loans?

It's the only debt I have, and it would make a nice downpayment on a house. Unfortunately, I owe the Dept. of Education and not a foreign bank.
Reminder that the bailout allows foreign banks to partake of American taxpayer funding — and that the bailout plan includes buying student loans, car loans, credit card debt and any other “troubled” assets held by banks.

I'm troubled that there's "agreement" and yet no one knows if the provision granting billions of dollars to ACORN is still in it.

No comments: