When the Checks Stop Coming In

Bolitics, News, SMH, Uncategorized, When The Checks Stop Coming In

September 29th, 2008 103 Comments 12 Views

Posted by Bossip Staff

Now the Bush’s ish has affected the big lenders with student loans:

Dozens of the country’s biggest lenders have stopped doling out student loans to struggling college kids because of the economic upheaval – leaving scores of would-be scholars combing the want ads this fall instead of hitting the books. Many lending experts say panicked banks are still reeling from mortgage meltdowns and are leery about taking a chance with their dwindling liquidity. More than 33 banks and lenders have completely shuttered or suspended their private loan programs in the past year, and more than 100 have stopped participating in all or parts of the federally guaranteed student-loan program, according to FinAid.org, a Web site that keeps track of the student-loan industry.

The scurrying ranks include former lending powerhouses such as MyRichUncle.com, Bank of America and Campus Door, which was backed by Lehman Brothers. “The credit crisis has had a tremendous impact on student loans,” said Keith Alliotts, of TuitionBids.com, a website that helps students find the best prices on loans for college. “It’s hard to find anyone doing student loans because so many have left the space.” He said his office is inundated with calls from frantic students and their parents, scrambling to come up with the cash for college. “It’s a sad state of affairs,” he said. Kristina Fernandes, 20, was so desperate that she borrowed $8,000 at 18 percent interest rate to cover her expenses at NYU this semester. “It sucks,” she said. Her federal student-aid package gives her $15,000 a year for school, but she reckons that her tuition, room and board will reach $40,000 for the year. Fernandes, an economics student, took out the loan and works two jobs to swing it. “I’m having a hard time with the whole time-management thing because I spend so much time working instead of studying,” she said.

Kids better start working at Mickey D’s early or they will just be assed out. As if saving up for college was not hard enough, now your loans are up for grabs.

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Comments

103 Responses to “When the Checks Stop Coming In”

Lady Shady

9/29/08, 13:35:pm

This is so unfortunate

mzprettylady

9/29/08, 13:35:pm

Our County is going down… we need Obama

Lacombe Redbone

9/29/08, 13:43:pm

Nah, that’s a damn shame!

Y’all please make sure to get out and vote! **Yes We Can!**

so obvious

9/29/08, 13:47:pm

damn! so glad i graduated last May, just in time baby!

Lacombe Redbone

9/29/08, 13:47:pm

MzPrettyLady, you ain’t lying girl! We falling fast!

K-mia

9/29/08, 13:49:pm

@ so obvious

I was thinking the exact same thing!! So happy I just finished school, done borrowing money just in time for all this bull-ish

Steve

9/29/08, 13:50:pm

Blue-Phi!

MarK

9/29/08, 13:51:pm

YO! BABY, YO!

Royal Chocolate

9/29/08, 13:54:pm

Please register to vote. Black America needs to continue moving forward!!

InsertDopeWordsHere

9/29/08, 13:56:pm

Please don’t start this ***** now, I have a year and a 1/2 of college left to go. I haven’t taken out a loan yet, but I always figured I would need one atleast one or two semesters at the end…

gemini62065

9/29/08, 14:09:pm

I don’t believe this at all! You have to do your homework as in all things. I received more money this year in student loans than last with lower interest rates.

gemini62065

9/29/08, 14:11:pm

I do not believe this at all! I got a loan paying out more than last with a lower interest rate…so I am not sure where this info. came from.

Kesha: 2-2 Deuce is BACK! (I BLEED BLACK-N-GOLD)

9/29/08, 14:11:pm

Now where did Bossip find this pic (circa 1982) of my sisters??? yall wrong for that!

On to the topic at hand…had it not been for student loans, i damn sure would not have graduated. So i feel their pain. Thats messed up. I’ll be paying Ole Sallie back for some time but i feel my education was definitely worth it

shavon denise

9/29/08, 14:14:pm

This is a shame. If it wasnt for student loans most of us wouldnt have made it thru college, I know I wouldnt have. We have to vote for change because our kids and grandkids and great grandkids depend on it.

Film

9/29/08, 14:14:pm

December 4, 1906

The Black and Gold Man

9/29/08, 14:16:pm

000000000000000000000000000000000 6.

Bossip, yall took the picture back to 91? I was looking to see if I was in the crowd too. Ain’t nothing like that black & gold (since 1906).

I do feel sorry for the kids trying to get an education without coming from a family with money to fund their education. All those Alphas and AKAs in the picture have their education. I truly hope that will be the case for my brothers and sorors that take a picture in 2008 and beyond.

We party hard, we stay up late, but most of all we graduate — the scholars making dollars.

We truly bleed — Black & Gold

The Informed One: Knowledge is Power.

9/29/08, 14:16:pm

On another note, even if Obama or McCain gets into office, I don’t think there will be much change because they will spend their presidency cleaning up after Bush and his Neo-Republican followers. People are expecting change to occur over night and that is not how the democratic process of America works. Next, no one is taking into account that our recession is simiular to that of the Great Depression; where there was m*****ive speculation of the markets by the rich and powerful in the absence of government regulation.

It’s a shame that some would rejoice in the fact that other’s college education is at risk because of the current status of the financial markets.

I guess it is okay to rejoice seeing that you’ve graduated, but let’s see if you’ll get a job; let’s see how far your dollar will stretch after inflation.

The next president, whether Republican or Democrate will have to place regulations on all markets and end this nonesense that the Nixon era has placed us in.

mojojojo

9/29/08, 14:22:pm

@ the informed one

I co sign 100%

people dont realize the economy will take YEARS!! for it to get6 back on point. I say by 2012-2014 we should be back on track…the next president debt is the biggest that any president had to face….and this still doesnt include all of these bail outs! the next president debt will start of @ over 3trillon in the hole

Kesha: 2-2 Deuce is BACK! (I BLEED BLACK-N-GOLD)

9/29/08, 14:24:pm

Skeeeeee- Weeeeeee

happy

9/29/08, 14:24:pm

This is so sad. I am still in college and rely on my student loan money to get by. It’s hard to work full time, be a single parent, and pay all the bills on my own. No welfare, no public aid I got all the bills on my shoulders and now I have to figure out how I am going to finance college!!! Now I’m mad!!!! Thanks a lot Bush and all the other republicans that let Predatory Home Lemnding Ruin our Country!!!

AngelycAries

9/29/08, 14:26:pm

I can definitely understand what’s going on, being a freshman college student myself. I haven’t been able to get a loan yet, and my part time job and work study doesn’t even come close to covering it. That’s why I’m comtemplating not living on-campus next semester so the dormroom and meal plan won’t be a factor; but transportation will thusly be a factor. Life is just hard right now, but what I don’t want to do is quit and then come back.

cutie piekindly putting people on blast est.1985We are officially in the sun sign of Libra!!!! Time to rejoice :)

9/29/08, 14:27:pm

WOW!! this is just heart-breaking..i have a lot to pay back for the loans I took but I can not imagine having to drop out because I couldn’t afford it..smh… this is really getting crazy.

I'm Just Me (COME ON BOSSIP..WHY DO I HAVE TO KEEP WRITING THIS OUT??)

9/29/08, 14:27:pm

Film

9/29/08, 14:29:pm

The black and gold man & Kesha

How are the members of the First Family doing this afternoon?

fattygirl218

9/29/08, 14:30:pm

YOOO THIS IS A PRETTY SAD SITUATION, BUT COULD WE PLEASE POST A UPDATED PICTURE OF PHAM!! THIS IS NOT A GOOD LOOK!

diva

9/29/08, 14:30:pm

SKEEEEEEEEEEEE WEEEEEEEEEEEEEEEEEE

Was Happy Now I'm Mad

9/29/08, 14:30:pm

Right on Informed 1!!! U are so dead on it don’t make no sense!!! Our economy will be like this for years to come, so everybody be prepared. On a another note Bush has been preparing us for this since sept.11 if you think about. Thats when i first heard the word recession being used on a regular basis, and we thought we was going through some ***** when Clinton’s reign was over. Look at us now. SMDH

nigerian king(wachovia too???)

9/29/08, 14:33:pm

YO YO, men this will lead to alot of drop out!! o boy.

Afiya - Stand Up, Sign Up, Be Heard...BARACK the VOTE!!

9/29/08, 14:34:pm

OH DAMN, hold on to your hats people!

Redd Tony aka Earth Sign {Its time for a Revolution) When you study Egypt you'll see the truth written by the Masters) Go Redskins! Hanni, what were you thinking?

9/29/08, 14:37:pm

College is overated anyway in my opinion…Unless you are studying to be a doctor, lawyer, engineer, accountannt, architect, or something like that. You might as well learn a trade or skill…Too bad most graduates these days will end up working for Homeland Security

The Black and Gold Man

9/29/08, 14:39:pm

Film, I’m doing well, bruh.

You know we gotta get out here and make sure Obama gets in office.

A voteless people, is a hopeless people.

Film

9/29/08, 14:45:pm

The Black and Gold

What’s going on frat?

I’ve been doing my best to make sure that our community is registered. I’m also volunteering to shuttle people w/o transportation from their residences to the polls.

Redd Tony aka Earth Sign {Its time for a Revolution) When you study Egypt you'll see the truth written by the Masters) Go Redskins! Hanni, what were you thinking?

9/29/08, 14:45:pm

that pic is so late eighties

Film

9/29/08, 14:45:pm

The Black and Gold Man

What’s going on frat?

I’ve been doing my best to make sure that our community is registered. I’m also volunteering to shuttle people w/o transportation from their residences to the polls.

BE

9/29/08, 15:02:pm

the amount of student loans that banks give is driven by how the previous borrowers pay back their loans. so if people are not paying back their loans it decreases that institutions ability to have others borrow money.

Oshie (oshie wishes she knew how to spell LAURYN HILL correctly)

9/29/08, 15:04:pm

Why go to school? The world needs more strippers and industrial laborers.

Redd Tony aka Earth Sign {Its time for a Revolution) When you study Egypt you'll see the truth written by the Masters) Go Redskins! Hanni, what were you thinking?

9/29/08, 15:14:pm

When we start living like Mad Max beyond thunderdome, that piece of paper wont mean *****

Alisha

9/29/08, 15:23:pm

Okay I was scared *****less for a minute. I called the Ombudsman from the financial aid website and there is no panic… they are still giving out loans… Get it together Bossip!!!!!!!!!!!!

chaka1

9/29/08, 15:24:pm

I didn’t even think about college loans. Oh damn.

Jena4rmthablock

9/29/08, 15:27:pm

Yes, one more semester to go, thank ya! But I wanted to get my MBA, hope my student loans arent affected by then…

bree

9/29/08, 15:27:pm

that girl in the white aka shirt looks like a BET College Hill castmate..the one with Rodney and em..was her name Aundrea? ahhh come on man!

Lady elle

9/29/08, 15:29:pm

COLLEGE LOANS, SMALL BUSINESS, ANYTHING THAT DEALS WITH THE ARTS, HEALTH CARE, HOSPITALS, HOUSING ALL OF THIS WILL GET NO MORE FUNDING,

IT’S GOING TO BE PRETTY BAD PEOPLE

Oshie (oshie wishes she knew how to spell LAURYN HILL correctly)

9/29/08, 15:45:pm

@ Redd: When we start living like Mad Max beyond thunderdome, that piece of paper wont mean *****

________________________________________________

OK?! I’m already stockpiling my ***** and getting my Lara Croft gear on. I’m gonna strap my baby to my back like a *****ing koala and we’re gonna ride this one out – in a tank.

Octavia

9/29/08, 15:47:pm

I can’t stop laughing at ol girl’s hairdo. Those were the days, baby!

I can’t let myself start thinking about loans… I got another 2 years til my Ph.D. is done.

Octavia

9/29/08, 15:48:pm

I can’t let myself start thinking about loans… I got another 2 years til my Ph.D. is done.

So… I’ll keep laughing at ol girl’s hairdo. Those were the days, baby!

Anton Slizzardhands

9/29/08, 15:52:pm

So no more sorority mamas on campus?

That’s a dman shame

HOLLYWOOD BS

9/29/08, 15:52:pm

I find it hilarious how some people believe Obama will miraculously “Save” the U.S economy. If you are wise, DON’T VOTE FOR OBAMA. If Obama gets into office and inherits this mess from Bush, all the history books will say that the fall of America happened during the tenure of the 1ST BLACK PRESIDENT!! This is a trap and y’all and Obama are falling right into it.

WAKE UP BLACK PEOPLE! WAKE UP!!

LilMomma

9/29/08, 15:53:pm

I have one more semester left of grad school. So, hopefully salliemae will still hand out loans for the spring semester. Otherwise, I’m shi* out of luck

Anton Slizzardhands

9/29/08, 15:53:pm

No more sorority mamas on campus?

That’s a dman shame

Born Ready

9/29/08, 15:55:pm

Que Dawgs in the house tonight….

Everythang’s gonna be allrite….

WhatsYoursIsMine

9/29/08, 15:55:pm

Honestly, I think Americans rely too much on student loans for school. I used to listen to the older people in my family that put themselves through school, be it a big city or small town, by working and studying hard. I have a 60 year old cousin that cleaned houses and ran track, was her sorority president and was on the debate team. She d@mn near smacked me when I said I didn’t have to work (my freshman year).

Loans are too readily available without giving families information on managing them and paying them back. That’s a major burden to put on the shoulders of a young person (18-24 years old) after they graduate/drop out/find a job.

Just an observation

9/29/08, 15:56:pm

@ The Black and Gold Man

000000000000000000000000000000000000000008!

This is a HOT mess. What we fail to realize is there are people that are making BILLIONS of dollars from this crisis because they short sold the securities and they knew this was going to happen. People are soooooooooooo EVIL! I just pray our economy doesn’t collapse because as a Finance major, I need a job!

Just my .08 cents.

PS- I LOVE THE PIC!!!! Bossip, you could have gotten an updated picture though! I’m going to send you all another one

Octavia

9/29/08, 15:57:pm

Tech. difficulties.

missydaCrunksta

9/29/08, 16:04:pm

Dayyyyyuummmm thats jacked up!

I jus finished the past May and I def had a few student loans to supplement what all my scholarships didn’t cover.

My lil sis just started her first semester of college. I just called to tell her she better keep her GPA up to hold on to that Georgia HOPE scholarship, cause if not she might be *****ed out!

Y'all Play 2 Much...

9/29/08, 16:05:pm

damn bossip y’all took it back to the 90’s with that pic…right about the time i was walking the yard.

this fallout nonsense is no joke…and all because Bush wanted to de-regulate everything.

Take care of yours people…cuz this ish is going to get worse.

Peace out First Fam….Skee Wee!!!

Creole Baby (Product of Hush Puppy and Jambolyah)

9/29/08, 16:12:pm

no more money. that’s gay phi gay yo

Phoenix

9/29/08, 16:20:pm

“College is overated anyway in my opinion…Unless you are studying to be a doctor, lawyer, engineer, accountannt, architect, or something like that. You might as well learn a trade or skill…Too bad most graduates these days will end up working for Homeland Security”

Being a doctor or lawyer ain’t all it is cracked up to be. Most of their money goes to paying back their student loans. All those years in law and medical school are not cheap. Many doctors and lawyers are not big time ballers. Just because they have to pay off they huge ***** loans and they weren’t lucky enough to find a firm/hospital that pays well. My friend who is a doctor (and my personal physician) is an Ethiopian brotha and he lives in apartment and doesn’t have car.

Me, I’m studying to be a social worker. I know will not become rich from it, but I like it. I have 3 more semesters to go. I’m using student loans to pay for the majority of my tuition. I also have a scholarship and a grant, which barely makes a dent in the tuition. And I pay the rest of the tuition out of my pocket. If I lose my student loan, I only have enough in my savings for one semester. I don’t want to ask my parents to pay for my last two semesters. I hope many college students’ loans are not affected.

Also I hope George W. Bush, ***** Cheney, Rupert Murdoch, Rush Limbaugh, Bill O’Reilly, Ann Coulter, Dennis Miller, George Bush Sr. Ronald Reagan, all burn in hell. White conservative political pundits scaring dumb ***** white people into voting for stupid white politicians who do nothing but ***** over the public so they can make their chicken***** backers rich.

Also ***** the Democratic party for having no ***** to stand up to these greedy Republican mother*****ers. *****holes like Bill Clinton, Zell Miller, and Joseph Lieberman who actually appropriated Republican philosophies which made the Democratic party shift to the right.

I’m a little bit *****ed, I was afraid that student loans were going to be affected. I was never thrilled about taking loans, but needed them since college is so expensive. Hell, even if my loans don’t get affected, that is a *****ty thing to happen to people. Government is *****ing with people’s lives.

cocosensationatl

9/29/08, 16:22:pm

no masters degree

Mr.Anderson says

9/29/08, 16:27:pm

That pic is Spring 91. Peep the Alpha’s tee shirt.

Al-Anon

9/29/08, 16:47:pm

It’s terrible that many lenders will opt out of the college loan business.

However, the good news is that college tuition will probably stop rising so fast. Like those generic drugs, Walmart will opening a university near you where you can pay $400.00 a semester for your $7.50 an hour job that you’re going to get after college.

Al-Anon

9/29/08, 16:58:pm

Financial aid and student loans are the new “food stamps” and “welfare” for young people.

Hell, at our school we give free tuition to anyone over the age of 62. They come to school, file for financial aid and get a social security check too. They rack up. Old folks love that “Studay Abroad” *****. They have all the time in the world to take dem trips!!

I think a lot of folks better keep your cable or Directv going, cuz a whole lot of folks going to be staying at home.

Josh

9/29/08, 16:58:pm

i’m in college now its going to be my senior year next year. and i dont think im going to be able to go to skool because of this garbage next year. if these cracker jack congressmen dont get off there butts and do somethin im through. the junk has hit the fan officially. we dont need obama we need JESUS.

heavenly

9/29/08, 17:22:pm

THE ECONOMY IS ABOUT TO SHUT THE F*** DOWN YALL. DONT BE LEFT WITH A WORTHLESS ATM CARD. GET YA DAMN $ OUT NOW.

Tammy

9/29/08, 17:32:pm

For those who have graduated can’t even find decent enough jobs to pay back the loans. By the time you pay your typical household bills you don’t have shyt left to pay those high azz monthly student loan payments. I told the student loan people like “you want me to pay you, I’m barely surviving. If I pay that large amount per month my kids and I will go hungry.” So they decided to take money out of my paycheck but it is far less then what they wanted monthly.

My 2Cents

9/29/08, 17:34:pm

Hopefully, I’ll be completely done with grad school soon. Glad my husband and I have gotten undergrad out of the way. We are saving now for our son’s education. It’s really too bad…

Tammy

9/29/08, 17:34:pm

My 2Cents

9/29/08, 17:39:pm

Glad my husband and I had gotten our undergraduate education out of the way. Our biggest focus right now is completing graduate school soon and saving for our son’s education. He’s a toddler now and relying on our financial institutions to *****ist in picking up the tab is not in our favor in years to come. Education is power, if they take that away, we won’t have anything!!!!

VoiceOfReason

9/29/08, 17:42:pm

Good!! I got my degree back in 2000 and just turned 30. I’m tired of 22yr olds coming up in my job looking at me like they want my spot. Now, I can beat them whippersnappers back for a few more years.

15 more years before my little one hits college, hopefully the loans will be flowing along with the money I put aside and scholarship money. The rest of ya’ll are on your own!!

Let all the Grown and Sexy say Yeeeeah!!

The rest of ya’ll, go get a job. Shoulda worked harder and you could have had scholarships! I went to college during the Clinton years, when student loan money was flowing like fine wine……..

noelle

9/29/08, 17:46:pm

OK YE!

Sticky-n-Sweet

9/29/08, 18:05:pm

You already know the lovely ladies of Alpha Kappa Alpha will be doing their part to get Obama elected and more Black boys and girls in college (preferably HBCUs)! I bleed pink and green!

Film

9/29/08, 18:38:pm

Sticky-n-Sweet

I *****ume your a product of HBCUs?

I, my brother, and father all received our undergraduate degrees from HBCUs. Not that it was planned, it just happened.

That’s definitely true about us going to great lengths to get Obama elected.

1906

Film

9/29/08, 18:40:pm

Sticky

I *****ume your a product of HBCUs?

I, my brother, and father all received our undergraduate degrees from HBCUs. Not that it was planned, it just happened.

That’s definitely true about us going to great lengths to get Obama elected.

1906

Baby Please

9/29/08, 18:44:pm

Bossip:

I don’t know why you got Alphas and AKAs on there — instead of Zetas and Sigmas like you spose to.

But Ima still come to Bossip.

Chelsea

9/29/08, 19:06:pm

SKEE-WEE!!!

whocares

9/29/08, 19:25:pm

‘06

‘08

Others Want To Playa Hate!

Skee-Wee

whocares

9/29/08, 19:25:pm

‘06

‘08

Others Want To Playa Hate!

Skee-Wee!

Wumpus

9/29/08, 19:33:pm

Okay, how is this Bush’s fault? Part of this is the government for failing to regulate Fannie mae enough, along with Freddie Mac. They are not subject to the same rules as a true private company. They invested in all these stupid risky mortgages.

Businesses made these dumb ***** loans, No income, no *****et to idiots who took out a mortgage for a $300,000 home while making $35,000 per year and driving a Lexus.

hero

9/29/08, 19:38:pm

You people are so igrnorant, can you stop blaming Bush for everything that happens it is not his fault. If you did your research you would know that it was DEMOCRATS who forced banks to give loans to uncreditworthy people, and which in turn has caused this credit crunch. SO PEOPLE FOR ONCE STOP BLAMING BUSH IT WAS THE PARTY OF OBAMA THAT CAUSED THIS MESS!

Wenzel Dashington

9/29/08, 19:41:pm

Spring 91. A-Phi!

bria

9/29/08, 19:56:pm

Don’t stop your education. Think about a community college or a state college in your area. You get more aid if you stay in your state. Look we are all going to have to adjust thanks to the Republicans. That is why it’s called hard times. You have to change the way you do things. Get with it.

Mesaj

9/29/08, 19:58:pm

Why is Cory Mickens in that picture? SkeePhi

Mesaj

9/29/08, 19:59:pm

Why is Cory Mickens in that picture?

bangge

9/29/08, 20:53:pm

shi is a rich woman and somebody saw her profile on a dating site *cougarkiss**C O M, there the rich sugarmommies seeking young handsome sugarbaby. And her profile says she is loooking a younger man who can treat her like a queen.

STOP TRIPPING!

9/29/08, 21:18:pm

damn, i need $30,000 for grad school. look at that high yella AKA b*tch!

sigma gamma rho rules!

tasty t

9/29/08, 21:30:pm

that is why i encourage all our black youths to vote especially if you really want an college education and just a change period. i do know if you dont vote then do not complain about anything you have no room to complain, so please young people if you are really serious about what is going on in our world today then get your mind right and vote for change, VOTE FOR CHANGE IF YOU DONT THEN THERE WILL BE NO CHANGE LETS MAKE A DIFFRENCE LETS GET OUT OF THE BUSHES

DR.FUNK

9/29/08, 22:06:pm

The cost of an education was HYPER-INFLATED anyway.If the schools know you can’t get a loan to attend…THEY WILL ADJUST THE PRICE TO SOMETHING MORE AFFORDABLE.Don’t let the bailout proponents throw scare tactics at you.

SpeekEzie

9/29/08, 22:23:pm

Just had to rep real quick

111190000006!!!

carry on…

SpeekEzie

9/29/08, 22:26:pm

111119000006!!

just had to rep real quick…

…carry on Pham

El

9/29/08, 22:28:pm

This dude in the front went to Va. State.

alphaphialphakappaalpha

9/29/08, 23:11:pm

SKEE-PHI!!!!!!!!!!!!!! 06-ah…08-tah…OH YEAAAA

***** DIEZEL

9/30/08, 02:11:am

why do all the men in this pic look gay?

kigali (Black Females NEED arranged marriages!!)

9/30/08, 02:45:am

There some old heads up in here.

E.B.W-educated black woman!

9/30/08, 09:41:am

skeeeee-weeeeeee…Obama 08!

Nubian (CM)

9/30/08, 09:59:am

Let’s see if the $700 Billion Dollars that we as tax payers have to pay back helps to correct “The credit crisis and the impact on student loans,”.

Spring 91 is definitely reppin in the pic. That is an APE Brand on an APE. APE’s and SOROS were out celebrating love and life! Good memory,enjoyable day,nice job Bossip. 06!

Ivy 18

9/30/08, 14:37:pm

For tose who think the story is fake, do some research. Many banks have opted out of the private educational loan business and some major banks are even opting out of the guaranteed student loan program. It’s going to be tight with the loans for a little while

BTW, my sorors in the picture are from Fall 90 (I grew up with one of them). Everyone in that picture is at least in the 37-40 age range. Bossip, you definitely need more recent pics.

TRAY

9/30/08, 15:24:pm

Please, do some damn research, Bush has nothing to do with what the economy is doing. This is base on the reform act of 1995. Janet Reno a democrat under Clinton reign opted to red line banks who did’nt give out loans to minorities. Well feeling they were locked up on giving loans to any and everyone or they would be harr*****ed by A.C.O.R.N( need I say Obama worked for.)This was a democratic program that was miss handled and was foretold it would happen 2 Years ago by John McCain on the senate floor. Do some damn homework or don’t say a damn thing. Obama will place all of us in a social enconmy with social aggendas. Barney Frank, Nacny Peloski, and Obama need to be questioned Obama under his senate run has gain more money than anyone. Read up!

Beauty is her name

9/30/08, 16:00:pm

SKEEEEEEE WEEEEEEEEEEEEE

Harv

9/30/08, 21:35:pm

So glad I finished school…

oh, yeah. ‘06 to the bruhs

K-ten (kill the Batman)

10/1/08, 18:49:pm

“Dozens of the country’s biggest lenders have stopped doling out student loans to struggling college kids…”

I could have *****ing told you that!

Detroit All Day!

10/5/08, 21:30:pm

It’s HARD out here! It’s sooo unfortunate that college kids are getting played, especially the ones that really mostly on financial aid and can’t fall back on the parents for a hot $10-20 G’s a year to get through…smh. We need Obama and we need Jesus behind the wheel!