Yes, Sara from the Department of Education is absolutely right! You see, EBay is now a valid source of money for obtaining low cost student loans. Just look at this! We're not sure how the logistics of the transaction would take place, but it seems that the winning bidder on this EBay auction will have the proceeds directed toward paying down this woman's student loans.
Yes, Liza has lots of student loan debt. And she's probably having a hard time making the payments right now. But this is a perfect example of what we've been saying: it's not the LOANS that are causing her problem, it's what Liza was forced to due as a result of the cost that was dictated to her. The tuition, room, board, books, lab fees, student fees, travel, etc are the root cause of Liza's situation. The loans only facilitated Liza to obtain the degree.
However, we encourage you to bid on Liza's loans. If nothing else, she's using the ingenuity and creativity of a well educated participant of our society.
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