Quote:
Originally Posted by tucker6
This has nothing to do with students clamoring for their loans to be gifted. It has everything to do with universities and professors wanting govt subsidies so they don't have to limit the gravy train. Without free money, universities were about 5-10 years away from pricing many families out of the college marketplace. With govt subsidies, they can charge anything they want and Uncle Joe will foot the bill. And you get indoctrinated to boot.
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partly right. there is plenty of blame to go around, but ultimately the individual is responsible for his financial decisions.
way back when, my father, god rest his soul, said to me, you only go to college to learn a profession. i decided on accounting, knowing full well that the profession i was entering had to pay for the loans i was taking out to pay back what i borrowed in a reasonable time.
let me elaborate what boxcar said earlier if he will permit me. if a person can't figure out what i knew at 18, he has no business going to college in the first place. don't blame the professors or the college administrators for the students purchasing their services. caveat emptor applies here, like in all other offer and acceptance transactions.
