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ZEROHEDGE.COM - Hoaxes and news with a spin
"An the WSJ reported overnight "many more students have defaulted on or failed to pay back their college loans than the U.S. government previously believed.""
That means the problem is WORSE than previously thought.
Also, defaulting on a student loan usually means that pay the interest for YEARS, never getting to the actual debt, an emergency comes up and they can't pay anymore.
The bank wins, the cond
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