Martin wrote:

>> Here's a crazy thought... you can't take out a mortgage until your 
>> student loan is paid off... that'd throw a monkey wrench into things, 
>> now wouldn't it?  Or you're banned from purchasing a NEW car until 
>> student loan debt doesn't show on your credit history?
>> 
>> Crazy thoughts... not sane or sound, just brainstorming here.
> 
> Great, fascism!

Why "fascism"? Doesn't seem to have much to do with subsidized loans.

AIUI, Nate was talking about subsidized student loans. In a way, the idea
if it is to make it possible for people to get an expensive education even
when they couldn't afford it on their own, and everybody chips in a bit to
make this possible.

>From that angle, is it really that absurd to say that taking out $60k of
credit for that really cool car may be a sign that this person didn't need
(and therefore, in a way, doesn't deserve) the subsidized part of the
student loan?

Gerhard

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