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Bush Knew About $1 Billion Student Loan Boondoggle, Lender Says

Against President Obama's plan to end subsidies to lenders for Student Loans?  Then READ THIS STORY!

Publish Date: 
January 29, 2010
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Joined: 07/14/2009
Points: 30
The truth revealed

It's a shame. The article mentions 'decades ago'. So this could have been happening while I was signing my documents for a student loan and had no clue that I would be scammed by this 20+ years later. I finally find out who the company was that gave me my loan and I don't even know if this company still exist. (Not mentioned in today's listing of lenders). Something needs to be done I am tired of my hard earn money, my federal tax return, being garnished. Not receiving that tax return kills all perspective in having a hopeful future. It's bad enough with the economy the way it is now. I have been laid off since February 2009. The job situation in my state is getting worse. Unemployment rate has slowed but still increasing. My state is even running out of money; something I have been reading in the news.
I will say it, there's a lack of compassion and a blind eye when it comes to the 'almighty dollar' craving.

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