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Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 4:49 am
by Dr_Phibes
Someone needs to explain this one to me. I don't understand how the President can change the terms of a contract between a lender and a borrower.
It's easy. You say, I've just passed a bill that says 'less interest payments for you'. Job done.

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 5:06 am
by mvscal
88 wrote:Someone needs to explain this one to me. I don't understand how the President can change the terms of a contract between a lender and a borrower.
The Federal gov't is the lender.

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 1:25 pm
by Screw_Michigan
Thank God and G0d I got my jizz-mopping degree when I did.

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 1:44 pm
by Goober McTuber
Screw_Michigan wrote:Thank God and G0d I got my jizz-mopping degree when I did.
And attending a local tech college had to help as well.

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 2:07 pm
by trev
And how did America manage to raise a bunch of asshole entitlement children who believe college education is a right? These occupy protesters want everyone to stop making their student loan payments.

http://www.msnbc.msn.com/id/45040659/ns/us_news-life/

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 2:54 pm
by R-Jack
Their parents drank.

Re: Obama announces help for student loan borrowers

Posted: Thu Oct 27, 2011 3:34 pm
by Bucmonkey
R-Jack wrote:Their parents drank.



:applause: