Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
Re: Specific law forbidding removal of federal loans lates
They started rehabbing these loans as an incentive to get more people to pay. Budget cuts within the.Dept meant that the government didn't have enough capital to cover existing defaulted loans as well as issue loans for new students. Just think about the mess we would be in if no one ever paid. Our kids would pay the price by not even getting the opportunity to even go to college.

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