WE NEED A BAILOUT FOR COLLEGE GRADUATES?

Credit and mortgage advice Forums Home Insurance WE NEED A BAILOUT FOR COLLEGE GRADUATES?

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    • #383250
      Anonymous
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      If homeowners are getting bailout in terms of loan restructing in regards to FHA. Then so should college student in regards to private loans. People talk about how corrupt Walll street was in regards to home loans. Let’s talk about corruption in regards to Private Student Loans. Department of Education through DIRECT, should take the initiative in consolidating private student loans.
      I am not neccessary asking for a bailout, however similiar through FHA, restructing of Private Student Loans, where they can have same benefits of Direct Loans. The reality as unemployment increases, the odds of default will rise, however a program though Direct allowing private loans to be consolidated with a fixed interest rate will be beneficial towards to the economy.



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