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Student loan issues?
I recently paid off over 100k in student loans but now am regretting it. There is talk of a bailout, I was wondering if I would be able to get some of my money back if there should be a bailout for those that choose not to pay them back or am I stuck for doing the right thing?
2 Answers
- JoeLv 57 years agoFavorite Answer
No, you did the right thing as you probably wouldn't be able to qualify for a bailout if you have the ability to repay your loans. In fact if there ever is a bailout (and that's a mighty big IF) they'd probably require you to default on your loans in order to qualify which would trash their credit.
Nothing is free, there's no way people will get bailouts without suffering any consequences.
- .xLv 77 years ago
You'd be stuck but no need to feel bad, they're always talking about bailouts or improvements to the student loan system but it never happens. It's a huge industry with powerful lobbyists etc- nothing's changing anytime soon IMO.
