Congrats on not having to take out a loan. Most people aren't that lucky.
Most people taking out student loans are still teenagers. Does anyone really expect a teenager to make good financial decisions? Also, most people can't get a solid job without going to college, so they're forced to take out loans.
That "negligence subsidy" is really helping people who were put in an unfair situation by colleges and banks.
Most people taking out student loans are still teenagers. Does anyone really expect a teenager to make good financial decisions? Also, most people can't get a solid job without going to college, so they're forced to take out loans.
That "negligence subsidy" is really helping people who were put in an unfair situation by colleges and banks.