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It does, to an extent. Stafford and Perkins loans are direct from the government. This article says 90% of student loans are from the gov't, so it appears it c
by listenallyall 7y ago
It does, to an extent. Stafford and Perkins loans are direct from the government.
This article says 90% of student loans are from the gov't, so it appears it currently does exactly what you're suggesting. https://www.nationalreview.com/2017/02/student-loans-government-guaranteed-program-wrong-policy-republicans/ https://www.nationalreview.com/2017/02/student-loans-governm...
- gwright 7y agoThe loan programs don't adjust the interest rates for the risk/reward involved. As a taxpayer I don't want to fund someone for 4 years in college and then have them default or be be unqualified for a job that would make them self sufficient. I'd rather have non of my tax dollars allocated that way, but if I don't have a choice then there should be some attempt to invest in people and skills that produce self-sufficient citizens.