In God We Trust! All others pay cash.
Don't worry all you right wing nuts. The government is looking to take over the student loan business. I'm sure we are in good hands.
Based upon what? Banks are making good money off "students" The problem is that too many are going to school to get a degree to get a job not an education. A college degree is viewed as equivalent to a HS diploma everybody needs one. If you have one I might be able to train you to do something useful. They come out owing more money then they can ever make IF they get a job in their chosen field. If you major in anything called a liberal arts degree you have almost zero chance to ever pay back what you owe. Too many people fail to recognize the value of an apprentice ship program. A good machinist or plumber can make excellent money with a long career. It will however, require you to get your hands dirty.
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