Small Enough to Fail

Posted on

"Small Enough to Fail"

A letter to The New York Times:

Dear Mr. Bernanke and Mr. Paulson:

My student loans are too big and it is hurting the economy. Can I have a bailout, please? I need $92,000.

Maybe if you take out bigger loans and invest the money in a bunch of assets that are actually worthless, them you’ll be bailout-worthy. Modest debts incurred to invest in your own education don’t make the cut.

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.