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Our Options:
A: Bail people out and their irresponsible lenders, keeping them in their homes.
B. Let the market correct itself, teaching them a hard lesson in money management and smart lending.
The only thing I would like to see the government do is a REQUIRED financial planning class for all Seniors in High School. Way more important than advanced algebra, IMO. I bet it would cut the average citizen's debt considerably, and knock most predatory lenders out of business.
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