tag:blogger.com,1999:blog-6194583.post7730988339545041736..comments2024-03-22T13:06:27.366-05:00Comments on WataugaWatch: Margaret Spellings: In the Student-Loan Collection BusinessJ.W. Williamsonhttp://www.blogger.com/profile/17694324792688711136noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6194583.post-12653617343482572992016-01-20T04:30:41.109-05:002016-01-20T04:30:41.109-05:00We really cannot expect students to have a whole l...We really cannot expect students to have a whole lot of finances when they graduate. And to start in the working world in debt is not exactly the biggest boost to their confidence either! WebbRowanhttp://financesmarter.com.au/noreply@blogger.comtag:blogger.com,1999:blog-6194583.post-28483022765731085202015-10-19T08:09:54.276-05:002015-10-19T08:09:54.276-05:00Rex, it looks like you don't know what is mean...Rex, it looks like you don't know what is meant by "default". You are confusing defaulting on a loan with bankruptcy. When a loan is not repaid in accordance with its terms, it is in default. <br />Websternoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-37340709066271546482015-10-18T11:28:42.924-05:002015-10-18T11:28:42.924-05:00The rules currently in place do not allow for stud...The rules currently in place do not allow for student loans to be defaulted, even in bankruptcy. The ONLY consumer loan that has that requirement.Democratus Rexnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-11160770844803951562015-10-18T09:48:06.776-05:002015-10-18T09:48:06.776-05:00I expect you would rather teach young people that ...I expect you would rather teach young people that they don't have to live up to the financial commitments they make? I am totally in favor of taxpayer funded college tuition for students who achieve a satisfactory level of academic performance - BUT, unless and until we change the rules, let's follow the rules we currently have in place. Anonymousnoreply@blogger.com