Reason #1,516,398 why the federal government is broke

Posted by T. Greg Doucette on Jul 20, 2010 in Fail | Subscribe

Even though I can’t seem to get mail from the NC DMV, one thing I’ve noticed over the past few days is a string of letters from the federal government about my student loans.

I got all of these today, and that’s on top of 4-5 I got last week.

8 separate letters... saying the same thing :crack:

Did they say anything interesting? Billing notices maybe? The semi-annual notices on how much interest has accrued, perhaps?

Of course not :beatup:

Each letter just noted that one particular student loan or another had been deferred since I’m still in school.  “But TDot,” you ask, “do you really have 12 different student loan accounts with the federal government?” No I don’t… most of the letters were duplicates of each other. In the stack in this photo, these are all deferment notices for just two accounts, with only the date stamps being different between them.

I wasn’t a fan of the Three Stooges ((My shorthand reference for Barack Obama, Harry Reid, and Nancy Pelosi. I haven’t decided yet which one is Larry, Curly, and Moe…)) deciding to nationalize the student loan industry, but I was willing to accept it because the corporate welfare model that was in place before nationalization wasn’t exactly working either.

But can anyone explain to me how, while the bank financing my pre-nationalization student loans can send me a consolidated statement listing all of my deferred accounts in a single letter, the federal government feels compelled to send me individualized letters in quadruplicate? :roll:

I’d switch to totally online statements, but given my less-than-stellar experiences with the federal government I prefer having physical documentation on file. Still, it can’t cost that much to upgrade a database compared to the cost of printing / folding / stuffing / mailing to millions of students receiving nationalized student loans millions upon millions of letters notifying them those loans have been deferred…

Sorry for the rant, just getting really irritated at government these past few days :mad:

Hope to have something law-related to write about soon :) Until then, have a great night! :D

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Jul 25, 2010 at 10:02 AM

So, clearly I’m not the only one getting multiple pieces of random paper from the federal gov’t about my loans then? i think the direct loan program has prob singlehandely killed a forest!

Jul 25, 2010 at 9:34 PM

You’re definitely not alone :) Maybe this is part of an effort to help stabilize the Postal Service’s finances? ::shrug::


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