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In the middle of this entire mess sits the federal government with its interest payments, payment deferments, and loan guarantees. Loans are made to people who
by apo 8y ago
In the middle of this entire mess sits the federal government with its interest payments, payment deferments, and loan guarantees.
Loans are made to people who not only have no business going to college, but have no business taking out a life-altering loan as their first step into adulthood.
Everyone is affected by this problem, as the flood of easy money has contributed to the steep rise in tuitions across the country. The result is a vicious cycle of inflationary bubble economics.
Here's hoping the documentary covers this angle.