Why don’t we bail out bank robbers?
That’s exactly what a lot of this “student loan” mess is.
They’re robbing the bank now and are unhappy that they’ve got this debt following them. Boo, boo, who.
Try being a fly on the wall and listen to some of these “students” discussing their techniques for getting the tuition money and how many days they have to attend class before they can drop out and keep most of the $$$. They’ve figured out early on how to get money without working. We are raising an entitlement minded bunch of bums... we’re not stealing from our grandchildren — they’re stealing from themselves.
Well, as someone who is going to college, and have taken out loans to help pay for it, let me just say the .Gov will get every single penny back..no ifs ands or buts about it.
What does amaze me is the 7% interest rates on the loans, when the prime rate is what..3%?
Do agree with Paul about tuition being a racket, because it is, however ending the loan program is not the best way to solve it imo.