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famousone
· 9 years ago
· FIRST
Tell it to the schools.
26
alxx
· 9 years ago
PREACH!
14
guest
· 9 years ago
But Walk Street is pretty much guaranteed to pay it back in a timely manner due to having tons of cash. Student loans are expensive because loan companies have to protect themselves from possibly never getting their money back.
10
deleted
· 9 years ago
True, but because of the higher interest, students will take much longer to pay it back or never finish at all. Having said that, I know nothing about this kinda stuff, so please correct me if I'm wrong.
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guest
· 9 years ago
You're both right. That's why they have people who have whole political careers in trying to figure out the right balance, and then getting it wrong anyway. Money is far more complicated than it seems.
8
deleted
· 9 years ago
The government should stop subsidizing student loans. This will eventually lower student loan debt due to colleges no longer being able to artificially increase costs.
4
murt
· 9 years ago
That's stupid. Not all debt includes the same risk, so interest rates are different. Get a clue before you get an opinion.
1
pokethebear
· 9 years ago
Yep. Somebody understands a bit of finance.
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