- Joined
- Sep 9, 2005
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Perhaps student loan interest rate should be 0% for all student loans.
However that would mean that you could effectively pay whatever the hell amount of money you wanted for education, without worry about your costs increasing over time.
Tuition costs would go up, undoubtedly.
In fact, any degree of decrease in the interest rate would have that effect, likely...
What's ****ed up about that is, the measure of "how much it can cost" is apparently "how much is the maximum the market can stand".
Only the market in this case is higher education students. Which IMO for damned sure doesn't promote education, which is (also IMO) ****ing stupid.
I'm not entirely sure how that can be improved though, without some kind of grand governmental education, or somehow all the universities deciding to offer education for free or less money, for some inexplicable reason due to an unexpected mass change of heart/style.
However that would mean that you could effectively pay whatever the hell amount of money you wanted for education, without worry about your costs increasing over time.
Tuition costs would go up, undoubtedly.
In fact, any degree of decrease in the interest rate would have that effect, likely...
What's ****ed up about that is, the measure of "how much it can cost" is apparently "how much is the maximum the market can stand".
Only the market in this case is higher education students. Which IMO for damned sure doesn't promote education, which is (also IMO) ****ing stupid.
I'm not entirely sure how that can be improved though, without some kind of grand governmental education, or somehow all the universities deciding to offer education for free or less money, for some inexplicable reason due to an unexpected mass change of heart/style.