4 ms·
Do you even know anything about what you’re talking about? A lot of student loans in the US are also backed by the government. So obviously this isn’t the solu
by tomp 6y ago
Do you even know anything about what you’re talking about?
A lot of student loans in the US are also backed by the government. So obviously this isn’t the solution.
Making money easier to get simply increases the “supply” (or rather, increases the buying power of the students) which basically allows colleges to keep increasing their prices with no increase in quality. If instead loans were given by private creditors, believe me, the quality (in terms of job prospects and earning potential) of the specific college and specific course that a student will study would quickly become very important. No more “social media marketing” or “feminist history” courses costing 50k per year.