Dennis R Redmond wrote:
>
> Let's not forget that favorite friend of us overeducated and
> underemployed Net-proles, a.k.a. the Federal student loan program. You can
> go into six digits of hock, all at Government-subsidized 4% interest
> rates, and even pay off your old unsecured student loans (some of which
> run at 8.3% rates) with new loans. Now I know how Poland felt after
> Deutsche Bank refinanced their Communist-era hard currency debt in 1994:
> yippee!
>
> -- Dennis