Timothy Birdnow

Warner Todd Houston posted this on Facebook:

OK, I just have to say it... if you are graduating college with a $500,000 school loan debt, you were too stupid to have been allowed to go to college at all. It takes only ten seconds of thinking to know that a $500,000 loan is over a thousand a month in payments. And if you aren't a millionaire already, then you won't ever be able to retire that debt. We need to put an end to this college merry-go-round. Only a very few people NEED college for their life's work.

I left the following reply:

Does anyone remember when we had the mortgage meltdown that gave us Barack Hussein Obama? We were treated to an endless spectacle of bankers and loan officers draggred before Congress for "predatory lending". Isn't it odd that there is no interest in doing that now? This is clearly a matter of predatory lending, and providing a very shoddy product to boot.

Posted by: Timothy Birdnow at 10:00 AM | No Comments | Add Comment
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