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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It might create a situation where only people who have a chance of paying back the loans would be going, or those who have independant means. It might shift people into thinking about what they will do after college, instead of Spring Break.