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Old 03-07-2008, 01:34 PM
GeekyPenguin GeekyPenguin is offline
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Join Date: Aug 2002
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Quote:
Originally Posted by Munchkin03 View Post
When Bill and Hillary graduated from Yale, there was a system where everyone from their class who had taken out loans put them in a common pool, and paid back based on their income. As Hillary says in her book, it was great for them because they were public servants/working for the people right out of school (and yes, law professor at a state school is a public servant to me), but the people who went to big firms and stayed basically subsidized their law educations.

Also, we can't forget that the Clintons' Yale educations were possibly 10-25% of the cost of the Obamas' Harvard ones.

Whether or not the candidate knows the pain of student loans isn't that important to me...people of all socioeconomic backgrounds take them out, and some people pay them off right away, and others stretch out the payments to subsidize their lifestyles. One of our close family friends is a doctor, and 30 years out of med school, she buys a new car and boat every year, but guess what? She's still rocking out the loans (and makes smaller payments than most non-doctors I know).
I did not know that - although since I already voted and I'm going to vote for either of them over McCain, it's sort of a moot point now.
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