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Author: Tara Clarke

Student Loan Debtors Bamboozled Again – Money Morning

I know a lot of you out there don’t have sympathy for student loan debtors who complain about their debt.

You see it as a matter of personal responsibility – they chose to sign a contract and so should suck it up and uphold their end of the deal.

Money Morning’s Capital Wave Strategist Shah Gilani says it best, though:

“You’re not wrong. But there are other forces exerting outside influence on the inner intentions of a lot of ‘students’ susceptible to being sold a bill of goods. Sometimes we’re stupid for being conned, and sometimes the con is just so cleverly concealed.”