Wobistdu99

Isn't this all just a scheme to keep the financial aid debt circus running for Higher-ed, Inc and its cronies?

Between the expansion and lower cost of electronic information, transformations in library sciences, etc - yet look at the textbook monopolies, exploding college administration costs, tuition skyrocketing compared to normal inflation - all of this is seen as just another government economic intervention that kills markets leaving inflated costs - just like unaffordable health care for working families post Obamacare.

So a question. How can students expect to go into deeper debt when government policies also reinforce globalism - which deflates college graduate incomes amid a computerized job market? Look at the outsourcing of University of California IT jobs to H1-B visa workers.

Am I shadow-banned yet?

My nephew had about $12,000 in loans. He left school and became a shiftless person with no real job, money or anything. He claimed that a private debt collector is now chasing him for over $20,000 which is interest and fees - 10 years. He never made a payment on the loan mainly because he claimed he never signed a promissory note or got counseling.

Maybe things have changed, but is there a way to discharge or negotiate down these debts if they are sold off and nobody have "proof" that a debt is owed? This loan originated with a big state university.

Thanks and a big shout-out for Gates BBQ!

Drove by one of your birds on display at the Castle Air Museum. Every once and again someone from Beale drops in to get gas at Castle.

Hard to believe the Air Force and all their budgets never produced anything faster after the Blackbird.

Care to speculate about what might be flying around these days?

So. Let's pretend a reasonably intelligent, well traveled and mannered American wanted to just "chuck-it" and move to Mada with their life savings. What could/would they do to both make money, live well, but also improve the lives of as many people as possible?

Student loan debt question.

My nephew had around $12,000 in defaulted student loan debt. The loans were not private loans, but regular government guaranteed loans through the university - University of California.

Now ten years later the amount due is much higher with all kinds of interest, fees, etc. as it is being collected by some private collection company (I assume).

In terms of negotiating that student loan debt down, is there a strategy to discount and pay defaulted student loan debt that is being collected by a private party.

Can the principal, fees, interest, etc be negotiated like other debts?

Thanks for all your hard work.