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You should know that the education is a privilege, not a right. If you keep defaulting, we, the 1%, will make sure that only the 1% will get the education.
From the 1%.
It's obvious, the teaching institution is headed in the same direction as the housing bubble. Plus, the number of eligible 18 year olds has already peaked in America. All that can save it now is admitting more foreign students. Otherwise, expect foreclosures on the horizon as it winds down.
http://www.zerohedge.com/news/2013-02-28/delinquencies-student-loans-surpass-those-credit-card-debt