Quote:
Originally Posted by georgeinhere
I have a solution, make the institutions warranty the loans and not the government. I bet universities would be extra careful with their money dispensing machines.
Then again, it may just create a situation when only people that can afford to go to school will qualify for loans. Ok, I don't have the solution but know that the present system isn't working.
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Actually, not a bad idea. The loans should be dispersed from the school, with an eye toward being paid back, with interest. Car companies make car loans...