To my earlier point, it is possible to graduate from college without debt, I graduate in May and I'll be debt free (yay!).
I agree with you, it is stupid to go 18k into debt for maybe the chance at a high paying job, but I think it has gotten to the point that everyone understands the...
So are you against lending altogether? Because if so, that includes small business loans too, so the whole "Start a business" thing isn't really going to happen.
Maybe you're not familiar with how debate works, but facts are usually an integral part of it, watch this:
90% of small businesses fail within one year of start-up. Most of these are sole proprietorship which means the owner of the business has unlimited liability. After the business goes...
This notion that lenders and bankers are greedy and evil is childish. Most student loans offer deferred payments and are underwritten at low interest rates.
The cost of education is NOTHING next to the cost of having an uneducated populace.
P.S. Making inflammatory statements of the top...
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