Government taking taxpayer money raised from people who payed for college or who did not go to college to pay student debt without any remedy to the cause of the problem. If colleges are going to get free taxpayer money without any accountability, this problem is never ending.
Every college who accepts a guaranteed student loan should only offer marketable majors and should accept a flat rate. If they charge beyond that government rate, their students cannot get the loan from the government. And, the loans can only go for majors that will actually get the student a job. Universities raped students by taking advantage of them (cost of education skyrocketed because of the guaranteed student loan) and this administration is so beholden, they cannot point the finger at the cause of the problem.
People who sacrificed to save for their kids, people who worked their asses off to pay down the loan, are paying for others’ lack of planning and failures.
Every college who accepts a guaranteed student loan should only offer marketable majors and should accept a flat rate. If they charge beyond that government rate, their students cannot get the loan from the government. And, the loans can only go for majors that will actually get the student a job. Universities raped students by taking advantage of them (cost of education skyrocketed because of the guaranteed student loan) and this administration is so beholden, they cannot point the finger at the cause of the problem.
People who sacrificed to save for their kids, people who worked their asses off to pay down the loan, are paying for others’ lack of planning and failures.