[tesla69]

Originally Posted by hirsute_biped

Hmmm, I wonder if I can purchase my own student loan debt for pennies on the dollar..?

I have to wonder how decisions are made...it makes me wonder why someone can't buy their own debt for pennies n the dollar and retire it?

from RawStory,com
Members of a debt relief project borne from the Occupy Wall Street campaign said Wednesday they have purchased more than $100,000 worth of medical debt in a second trial run for their efforts.
Thomas Gokey, a spokesperson for the Rolling Jubilee campaign, said the debt was purchased for $5,000. Earlier this year, the group bought $14,000 worth of debt for $500.
“We are buying debt that is being sold on the secondary market for pennies on the dollar,” Gokey said in a conference call. “We are doing it in exactly the same way that [debt collectors] do it, with one big difference: we are abolishing the debt as we buy it.”