With Sallie Mae in trouble, does that mean that less student loans at low interest rates may be available in the future? After all, they are the largest student lenders with $127 billion of debt outstanding (according to Wiki). Or can we expect the Wizard of Oz to step in and fix the lending rate since the loans are “federally guaranteed”. Continued
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Recent Tweets
- Federal Reserve to buy Treasury bonds - otherwise known as "drinking its own blood". Interest rates will spike as hyperinflation results. 3 weeks ago
- Prices of essentials such as food and electricity to inflate, while prices of non-essentials such as big homes and cars to deflate 3 weeks ago
- Essentials such as electricity and food prices to inflate in price and non-essentials such as big homes and fast cars to deflate in price. 3 weeks ago
- Goldman Sachs bans naughty words in emails. Partners and employees of the Wall Street firm to sell girl scout cookies as well. 2010-08-04
- Real Estate set to plummet, again. Banks will be forced to sell at auction prices which will dramatically reset market prices. 2010-07-13
- More updates...


