3 ms·
Mostly it is the federal government doing the lending, not the schools. Eligibility is fixed by law and has nothing to do with ability to repay.
by massysett 11y ago
Mostly it is the federal government doing the lending, not the schools. Eligibility is fixed by law and has nothing to do with ability to repay.
- lliamander 11y agoGood point, which allows them to make lending decisions for political rather than purely economic reasons.
- reality_czech 11y agoI agree that there are a lot of government loans for education-- another thing that ought to stop. The government shouldn't be a loan shark for young people.