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Then you repay the amount of money you took off the Government. I don't understand how that's even a question?

• fantnn 13y ago
  10 years @15% if you've graduated is biased towards people with shit degrees is all I'm saying
  • ceejayoz 13y ago
    It's also biased against institutions offering shit degrees at high expense. If institutions have to start eating the costs of a Byzantine pottery degree, they'll either stop offering it or start finding ways to do it more cheaply.
  • rossjudson 13y ago
    Agreed -- but keep in mind that institutions aren't going to be accepting loan-financed students who are unlikely to be able to pay the loans back, because that results in the institution repaying the government loan instead of the student.
• danielweber 13y ago
  It's a question because we shove a lot of people into college that don't belong there, and then they can't cut it, and end up with the worst of both worlds: no college degree (employers can legally discriminate against them based on that) and a bunch of debt.