View Single Post
Old 11-20-2008, 08:36 PM  
pocketkangaroo
Confirmed User
 
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
This was done to unfreeze credit in the market.

And if there was anything I want the government to buy up, it's these. Student loans are one of the safer loans out there. It's not like they are buying up homes that were highly overvalued. They will get their money back. Not to mention that it's bad for the entire country if kids can't go to college.
pocketkangaroo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote