student Loans Are Free Money

Student Loans Bank Of Nd - student Loans Are Free Money

Student loans don't verily need to be paid back do they? Student loans apparently have one of the highest default rates of any demographic group. So high in fact, that the banks where I live won't carry on the loans, unless the government guarantees the loan will be paid back. Of policy the government can't verily certify that a student will be responsible enough to pay back the loans, they just certify the they will pay the bank for the loan, if the student bails out on them. This of policy eliminates the expense and hassle for the bank of chasing down students after the fact. It happens pretty often, and many of the times when a loan isn't paid back, and the the government tries chasing down the student, they aren't very successful in their attempt.

Student Loans Bank Of Nd

Hey That's My Money

So all those loans that aren't paid back by students, are verily paid back by the taxpayers. Those same taxpayers, that are already heavily subsidizing a students four years or more of academia bliss. I'm sure many population can't be very happy about that. Imagine the nerve of those students spending all their student loans on beer kegs and frat parties, when they verily should be learning to come to be doctors, lawyers, writers, and other depraved members of society. Meanwhile, you and I are slaving away in 9-to-5-hell, paying for all this. Privately were all just jealous, and wish we were them. Of policy I'm allowing my writing flamboyancy to overwhelm me somewhat here as I exaggerate. Most students with student loans, work hard at school, and often hold down part time jobs to sustain themselves. And often in programs that won't turn them into high paid professionals like doctors and lawyers. I infer most of the doctors and lawyers do pay back their loans in the long run, naturally because they have the financial means to do so. But what about those other leading careers that don't pay big bucks, but still have an leading place in our society. Maybe something could be done about student loans to enhance those careers and society in the long run.

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