Quote Originally Posted by pepurr
...Maybe they could discuss it more in a "joint" session of congress. :rastasmoke:
:rastasmoke:

I was fortunate that I didn't have to borrow much to get thru college and I worked all thru it. I think everyone else should do the same. Don't borrow money in general unless you want to be a slave to usury. But then again, my tuition and reg fees back then were $420 a quarter :stoned:

here's the way I see it. I agree with the above that its in our collective interest to have an educated society, more tax revenues, etc.

but I've never seen the value that the banks bring into the whole equation. the loans are guanteed by the federal gov't (which means that the feds can, and will, take away your social security to collect the payments). So the banks have zero risk and enjoy massive rewards in interest revenue for doing jack shit. I'd like them taken completely out of the mix. I really hope this is just a warm up. :jointsmile:

I was going to come up some kinda cleansing the temple of the money changer theme for Easter but thought naaa f it. :rastasmoke:
boaz Reviewed by boaz on . President bitchslaps the bankers. Round 1. President Barack Obama signs student loan changes into law March 31, 2010 WASHINGTON (AP) - President Barack Obama approved legislation Tuesday that makes the government the primary issuer of student loans. Proponents of the change say it will provide bigger grants for college students who need them and relaxed payment terms for students with loans. It will also more money available for community colleges and historically black institutions On the other side of the coin, banks and Rating: 5