He’s got a point.
Within fifteen years...unless something changes the direction here....I can imagine a kid attending a fine outstanding school....and owing over $250k at the end. Personally, I can not imagine anyone ever being able to repay that...even by age sixty, unless you just live in your parent’s house for the remainder of your life and hope they will you their house. Pretty sad life to endure.
Yep - loans mean the colleges can charge more.
Our kids are going the military route to pay for college so we can use their college funds for things they want.
Even a stopped clock...
Or better yet. Tie students being able to use loans at a college with some restraint on their tuition costs. That
would get the universities and colleges attention.
Yes he has a point, however, since he is in Congress, he should offer a proposal to end it. I’m sure he will find a cosponsor or two. What is stopping him from doing it??