There is no doubt this has been excessive like everything else in America...

However, I still think this is a better economic investment than...
spending 2 trillion dollars in a war in Iraq, 2 billion in Pakistan army
trying to defeat Bin Laden and Co... or building smile defense system in a
post coldwar era!!!

How much money does Americans borrow in credit cards and how much interest
is paid?...

How much money do Americans spend on buying big cars and gas money?

This is one of the most fruitful investments America has made on its
citizens (Barack and Michelle good example)

Am still convinced it is better to loan money to students to educate
themselves than leave young people struggling with minimum wage and keep
families below the poverty line..

Don't you guys think it is because of education that this country is where
it is at and isn't that worth any cost?

Just my thought...

Demba

On Mon, May 21, 2012 at 2:14 PM, C. Omar Kebbeh <[log in to unmask]> wrote:

> Nice
>
>
> On Monday, May 21, 2012, Laye <[log in to unmask]> wrote:
> > The grand total of money loaned to students hit $867 billion in 2011,
> and some are now clasifying the growing student-loan business as a bubble.
> However, if such a bubble were to pop, it likely wouldn't be as big a
> catastrophe as the housing bubble, just because the government holds the
> bulk of student loans. But, having a younger generation sagging under debt
> is not the prettiest picture regardless.
> >
> > —The Wall Street Journal
> >
> > --
> > -Laye
> > ==============================
> > "With fair speech thou might have thy will,
> > With it thou might thy self spoil."
> > --The R.M
> > ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ To
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