Just like housing easy loans = higher prices.
So you probably think everyone that bought a house with a loan in the last 10 years should have their mortgage erased as well?
This kid signed on the dotted line for the loan. This lazy kid wanted the easy money to pay for an overpriced degree. So what?
If less kids went the easy money route then colleges wouldn't be able to increase their tuition every year.
ps. I went to a community college($18 a credit if I remember correctly) for 2 years then transferred to a state college because that's what I could afford at the time. Not that it mattered anyways, the business I own now has zero to do with anything I went to college for.
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