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Thread: Student Loan Debt Owed to Federal Government Up 463% Under Obama

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    Student Loan Debt Owed to Federal Government Up 463% Under Obama

    (CNSNews.com) -- Since President Barack Obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in January 2009, according to the Financial Management Service’s latest monthly treasury statement.

    Student Loan Debt Owed to Federal Government Up 463% Under Obama | CNS News

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    I don't know about other students, but tuition and living expenses from college/university were at the forefront of my mind, not the President of the United States.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by rocketman View Post
    (cnsnews.com) -- since president barack obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in january 2009, according to the financial management service’s latest monthly treasury statement.

    student loan debt owed to federal government up 463% under obama | cns news
    omg. O---m---g.

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by MaggieD View Post
    omg. O---m---g.
    pretty damn scary isn't it, we are headed for a melt down

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by Rocketman View Post
    pretty damn scary isn't it, we are headed for a melt down
    Five years ago, people talked about student loans and public pensions being the next two meltdowns. I'm thinking they're exactly right.

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by Rocketman View Post
    pretty damn scary isn't it, we are headed for a melt down
    I guess there is some future use for all those SWAT teams and military gear given to local police after all - for tracking down and arresting those who are behind on their student loans - or are related to someone who is.

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by joko104 View Post
    I guess there is some future use for all those SWAT teams and military gear given to local police after all - for tracking down and arresting those who are behind on their student loans - or are related to someone who is.
    I just don't understand why we hand out that much money, I paid for all my kids tuition, they paid for their books and all are out with out any debt and my wife and I are not rich people.

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Quote Originally Posted by Rocketman View Post
    (CNSNews.com) -- Since President Barack Obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in January 2009, according to the Financial Management Service’s latest monthly treasury statement.

    Student Loan Debt Owed to Federal Government Up 463% Under Obama | CNS News
    The student loan scam is a crime. It's an outrage what colleges and universities have done. It's an outrage what students have done to themselves. It's an outrage what the Government, who now controls it, continues to do.

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Too many loose ends here..
    How much of this new money owed was taken out before Obama?.
    How much more does College cost now than it during the Bush years?.
    Is there any understanding out there that more kids are opting for
    Community College to help their parents ?
    Physics is Phun

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    Re: Student Loan Debt Owed to Federal Government Up 463% Under Obama

    Shouldn't people go to school and get an education rather than live off of welfare?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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