We should cap the interest rates on Student loans. How many people do uou know who have paid student loans for 10 years and still owe the same amount that they owed at the beginngjng. High interest rates cause this.
2 Likes
Wrong. Government involvement in student loans caused this. Tuition became expensive because the government said we will loan you however much you need. The colleges and universities learned they could charge higher rates AND add in stupid programs to indoctrinate students as part of a degree because the government will ultimately give the money. Whereas the private sector would have said not happening.