On Wed, Jun 13, 2012 at 12:49 PM, Cameron Childress <[email protected]>wrote:

>
> Access to education I can get behind, but in that case why call it a loan?
> This implies that it will be paid back and that expectation is really
> what's creating the problem here. People aren't able to pay it back.
>
> If it isnt going to be paid back, and we don't care if it's going to be
> paid back, why not just give the money straight to the schools?
>

Why can't it still be a loan? With little or no interest?

I'd be fine a zero interest rate, and a long payoff period. A college
graduate is going to be much more likely to be a net positive on society in
many aspects, especially economically. That's worth more than a few
interest repayment percentages.


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