"If I were a regulator today I would call the Federal Reserve Bank, the New York State Banking department, the comptroller of currency, the F.D.I.C. and say, 'What examiners do you have that you could loan us, because I want to do a total examination of this company?' Ms. Siebert said.
"If my son goes to a party and he doesn't have the courage to say, 'No, I don't want to smoke a joint,' he can say, 'No, I could lose my student loan,' " Mr. Souder said.
You see loans were allowed to be requested every month so I could take a loan and stop the pesky contributions within weeks rather than months!
"I thought I could use the loan to help my cash flow," the soft-spoken Ms. Wright said as she pointed toward racks of uniforms at The Wright Fit, her store at 1805 West 95th Street.
"One mortgage broker told me with 50 percent down I could get a loan, but my rate would be 'brutal,' " said Shannon Aalai, a senior associate at Citi Habitats, who is self-employed and has zero debt, as well as a credit score of 790 and more than $100,000 saved for a down payment.
Even now, if I have a debt, I could repay the loan within 24 hours if the bank calls me.
"I practiced crying spontaneously so I could get a loan from the bank to buy our first computers.
When I was of an age to tool around in a swoopy plastic pig, I couldn't afford it, loan or no loan.
They told me I could defer my loans, which sounded great, considering I didn't have a job.
In the summer months, I put as much of my paycheck as I could to the loans, and then during the school year I paid off as much as I could each month.
