This may be in the wrong area but has anyone heard what could happen to our student loans if the debt talks fail? I start classes Aug 29th and am starting to get a little worried about my loan dispersement.
If the loans you have are from the Fed, I was told they will get their money from you by taking your tax return or taxing your wages if you default. I have no idea if that is true, but that is what I've heard.
Mass hysteria? Bank runs? Dogs and cats living together? What will happen when we default? Here's one opinion: Government default: What would it look like? - By Simon Johnson - Slate Magazine
If I recall correctly, there are very remote parts of India where monkeys are sometimes married. I have never heard of a dog and cat being married though. :smile: Abner
