Quote Originally Posted by pepurr
What bugs me the most about the student loan deal is them tacking it on to the health care bill.

I hate when they do that. I believe if a bill is put in for one thing, it should stay for one thing. Being able to tack on unrelated crap to a bill causes political corruption. It's like trading in influence.

It causes some to vote for a bill they don't really like cause they will get something out of it. They are not being true to themselves or to the ones who voted them into office.
I'll tell you what bugs the hell out of me and the banks as far as student loans go. Back in the early 90s, I took out a loan, one of several, from a Signet Bank for around 4K. When I graduated, I consolidated all of my loans under the Federal government as being a single repay source. Well, my loans have been on deferment for years due to disability, but this one loan has turned into a loan from hell.

It was sold by Signet Bank some time in the late 90s to a bank in the midwest. I started getting calls from a collection agency about this loan, and I told them it was consolidated and they could go Cheney themselves. I also called the bank who turned me into the CA, and they discovered that the loan was consolidated under the Feds, and this was also confirmed by the DOE, but, somewhere along the line, the original paperwork got lost (sic). Now, my credit report is showing a $20,000 charge off by Wachovia Bank on this very same loan giving me a negative report in this respect. And this charge off was done during the time they were being bought by Wells Fargo.

The fucking banks are not only doing this to my loan, but to how many other thousands of student loans. Now, I'm going to have to go 'round and 'round again just to get this false charge off by the banksters off my credit record. The banksters and their backers in congress are the worst bandits to come along in a long, long time scamming us every which way but loose. :upsidedow
gypski Reviewed by gypski 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