How is this even legal?
Poster Comment:
Suppose a man graduates at age 21 and has his student loans re-written at a higher interest rate at 22. How will he make payments for the last 50 years if he retires at 72 years of age?
The New "Century Bond?": Student Loan Maturities Stretched To 100 Years To Avoid Default
| Source: | https://www.zerohedge.com/markets/new-century-bond-student-loan-maturities-stretched-100-years-avoid-default |
| Published: | Jan 16, 2020 |
| Author: | Tyler Durden |
| Post Date: | 2020-01-16 16:16:36 by Horse |
| Views: | 289 |
#1: Lod To: Horse (#0)
Lod posted on 2020-01-16 19:52:50 Reply Private Reply
#2: BTP Holdings To: Horse (#0)
I had a student loan and had it discharged since the outfit that was offering the class was caught for some sort of subterfuge. ;)
BTP Holdings posted on 2020-01-16 20:12:20 Reply Private Reply