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>You're giving too much credit to students, they don't know what is best for them. This $100k will be exploited in some way by profit-seeking companies before y
by noonespecial 10y ago
>You're giving too much credit to students, they don't know what is best for them. This $100k will be exploited in some way by profit-seeking companies before you have a second to glance back at the money.
Like the near limitless non-dischargeable loans those same students are able to take right now? At least after it was taken by those same bad actors that are taking it right now, they wouldn't have to spend the rest of their lives "paying it back".
- pzone 10y ago1) Those loans are offered mainly to 18-22 year olds, not 13 year olds 2) Subsidized loans are far less prone to moral hazard than handing out large vouchers to everyone. 3) Yes there are already bad actors exploiting students with federal benefits. We don't want to make it any worse.