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Get my FREE Report – Confessions of a student loan collector
http://www.FreeStudentLoanStuff.com
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Dear Student Loan Borrowers,
Things are getting tough and the report is out. According to a new Department of Education study, student loan default rates are increasing at a steady clip.
Click Here to look at the report
Nearly 1 out of every 14 graduates who began repaying their federal student loans between October 2007 and September 2008 defaulted on their debt by September 30, 2009, the study found, amounting to a 7% increase.
If that doesn’t scare you… look at this report.
Ok… so we know times are tough… but let’s look at something else that is VERY important…
The CPI chart reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.
So what does that mumbo jumbo mean? How does this affect YOU as a student loan borrower?
Well… majority of ALL loans are tied to interest rates released by the government. If “inflation” the cost of living is going up (which the chart above clearly shows), the government will control this by raising interest rates. If you lived in the “stagflation” era of the Jimmy Carter presidency, you know what I’m talking about (interest rates on homes spiked to the teens!). We as a country CANNOT keep interest rates low.
Keep an eye open for how much MILK is going up…. Inflation is showing its ugly face.
Just imagine what would happen to YOU as a student loan borrower, WHEN the government starts to increase the interest rates like the 70′s. Scary I know…
We are in un-charted waters, our government has over-leveraged and overspent for the last decade… they are looking to raise capital fast… if you know what to ask… you can absolutely set yourself free…
Focus on how to find a real solution NOW before your payment goes up, higher collection fees, higher garnishment amount, higher settlement, and etc… this means you will be trapped in an endless spiral.
It is going to get real ugly… but for those who prepare now can capitalize.
To Your Freedom,
Mr. Kay aka Rogue Student Loan Collector
PS
Digital Version of the Student Loan Blue Print is now released. Get the authoritative, proven system – to escape student loan troubles. Click Here for ALL the answers to your Student Loan Troubles.


