Martin wrote:

> Gerhard Fiedler 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.
> 
> Not allowing private parties to deal in loans that they both agree to
> and which would normally be considered tame would be a form of fascism.

Who would not allow you to do so? You just have to pay back the low
interest loan first with any money you got. Something similar to this is
customary part of credit card contracts: if you have loans of different
interest rates on the card, anything you pay goes towards the lowest
interest loan. And in this case, since you asked for a loan from the public
(that is, everybody in the country), /all/ loans could go into the
calculation :)

Besides, as Russell noted, this would of course be known before you sign
the contract. If you accepted it, who is to blame if you have to go by it? 

You can always go elsewhere, of course. May be more expensive -- but don't
forget that it's the people who may be thinking about imposing restrictions
who chip in with their dime and make the loan cheaper in the first place.
Fascists because of this? You tell me... 

Maybe you consider the ones who don't hand out student loans in the first
place less fascist than the ones who hand them out with restrictions, but
unless you define what exactly you mean by "fascist", this won't go nowhere
anyway... :)

Gerhard

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