3 ms·
This is an excellent point and IMO a major benefit of the 17% model. Entirely too much money spent on higher ed in the US goes to banks.
by throwawayjava 9y ago
This is an excellent point and IMO a major benefit of the 17% model.
Entirely too much money spent on higher ed in the US goes to banks.
- learc83 9y agoFederal loans (90% of all student loan disbursements) are paid from the treasury. There's an argument to be made that the government shouldn't be charging students interest. But there's no banks involved.