How do you feel about the student loan market overhaul?
http://www.reuters.com/article/marketsNews/idCNN1721584320090917?rpc=44
I’m not really sure. It looks good on the surface, but there never has been a government run business that did not either fail, or lose the money supporting it.
Case in point: The Social Security system, it is going bankrupt, and is being ignored.
The people who are drawing it now have been paying in their entire lives.
A conservative estimate is that if their money had been in the stock market the entire time, instead of being in the government’s coffers, most retirees would have 1 million dollars in savings.
