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Old 09-07-2008, 08:20 PM   #3
Peace4Gaia
Avalon Senior Member
 
Join Date: Sep 2008
Location: Indianapolis metro area
Posts: 74
Default Re: Officials announce takeover of mortgage giants

My only question is - when will SallieMae follow suit?

People are being forced into lifetimes of financial indentured servitude for having had the gall to try and obtain an education in this country... once ensnared, and thanks to new bankruptcy laws, there is no possible relief short of long-term disability or death. No consideration for any unique circumstances. No opportunity to refinance, no way to even speak to an actual human being in person to find some resolution. And this is the ONLY type of debt that can NEVER be discharged in bankruptcy. There is simply no relief and no possible escape.

This will be my fate too if nothing changes, as things stand, I will spend the rest of my life paying off student loans. Our whole economic system cannot continue as it has been. I say let it crumble!!! The sooner the better!!!

Last edited by Peace4Gaia; 09-07-2008 at 08:22 PM.
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