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Looking at this through the devil's advocate lens, it's easy to see how that kind of policy prevents a lot of people from going to college. That could be a bad
by dolni 4y ago
Looking at this through the devil's advocate lens, it's easy to see how that kind of policy prevents a lot of people from going to college. That could be a bad thing.
On the other hand, it could also be a good thing since it would push more people towards the trades, which we sorely need. And maybe it would provide downward pressure on the cost of an education.
- e_i_pi_2 4y agoThis is my biggest concern - I see the motivation behind the law of "lets make sure banks give loans to a lot of people if it's for education so they can do it", but we don't need to also remove the risk for them in giving those loans. For example you could have a law saying banks need to accept 20% of applications regardless and then accept whatever losses there may be. This might make a law that puts a lot of banks out of business, but it accomplishes the same goal without putting all the risk on the individuals