If you can't do the time, don't do the crime--a cautionary tale about debt

Parent Cafe
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<p>sk8termom, </p>

<p>In our time, We did know that we could get a Direct Loan from our Uncle, that had the same terms of the Stafford loans. Lenders were making a huge profit (low wholesale rates and a guaranteed profit). The lower the wholesale rates, the greater the profits. </p>

<p>See “Carry Trade”, that BCEagle referenced.</p>