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AOC Who Earns $175,000.00 A Year Wants Us To Pay Her $17,000 Student Loan Debt
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<blockquote data-quote="BMWMC" data-source="post: 5114200" data-attributes="member: 37461"><p>Your point is a semantical --"us" and 'you"-- in the context of debt repayment. Student loans are a product of a quasi-government agency called Sallie Mae. Private student debt is eventually sold to Sallie Mae just like banks sell their mortgages to Fannie Mae and Freddie Mac. They book profits and unload the liability onto the taxpayers.</p><p></p><p>You conflate personal loans with student loans and they are distinctively different kinds of obligations. The rules for getting a student loans is far more relaxed than personal loans and the rules of bankruptcy even more different. Student loans are nearly impossible to claim bankruptcy on unlike personal loans for cars, houses and businesses.</p></blockquote><p></p>
[QUOTE="BMWMC, post: 5114200, member: 37461"] Your point is a semantical --"us" and 'you"-- in the context of debt repayment. Student loans are a product of a quasi-government agency called Sallie Mae. Private student debt is eventually sold to Sallie Mae just like banks sell their mortgages to Fannie Mae and Freddie Mac. They book profits and unload the liability onto the taxpayers. You conflate personal loans with student loans and they are distinctively different kinds of obligations. The rules for getting a student loans is far more relaxed than personal loans and the rules of bankruptcy even more different. Student loans are nearly impossible to claim bankruptcy on unlike personal loans for cars, houses and businesses. [/QUOTE]
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AOC Who Earns $175,000.00 A Year Wants Us To Pay Her $17,000 Student Loan Debt
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