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The Water Cooler
General Discussion
That's it, game over. Maybe.
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<blockquote data-quote="inactive" data-source="post: 1571326" data-attributes="member: 7488"><p>Since my loans were already being paid back (as in, I have been out of school and paying for some time), the rates are unaffected. But they were federal loan program loans to begin with (Stafford). Still funny though that the original lender was OU, and now the loans are owned by a private entity (though they are still federally guaranteed).</p><p></p><p>But I cannot now get a private loan with terms agreeable by me and the lender, <em>if</em> the terms are outside of the federal student loan program. How much sense do this make to you guys? It all makes very little to me. Unless I consider that BHO may be in-cahoots with all the entities that want to offer federally guaranteed loans, and screw the true private lenders. Then it makes a hell of a lot of sense.</p></blockquote><p></p>
[QUOTE="inactive, post: 1571326, member: 7488"] Since my loans were already being paid back (as in, I have been out of school and paying for some time), the rates are unaffected. But they were federal loan program loans to begin with (Stafford). Still funny though that the original lender was OU, and now the loans are owned by a private entity (though they are still federally guaranteed). But I cannot now get a private loan with terms agreeable by me and the lender, [I]if[/I] the terms are outside of the federal student loan program. How much sense do this make to you guys? It all makes very little to me. Unless I consider that BHO may be in-cahoots with all the entities that want to offer federally guaranteed loans, and screw the true private lenders. Then it makes a hell of a lot of sense. [/QUOTE]
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The Water Cooler
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That's it, game over. Maybe.
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