| Student loans don't really need to be payed back do | | | | hard at school, and often hold down part time jobs to |
| they? Student loans apparently have one of the | | | | support themselves. And often in programs that won't |
| highest default rates of any demographic group. So | | | | turn them into high paid professionals like doctors and |
| high in fact, that the banks where I live won't manage | | | | lawyers. I suspect most of the doctors and lawyers |
| the loans, unless the government guarantees the loan | | | | do pay back their loans in the long run, simply because |
| will be payed back. Of course the government can't | | | | they have the financial means to do so. But what |
| really guarantee that a student will be responsible | | | | about those other important careers that don't pay big |
| enough to pay back the loans, they just guarantee the | | | | bucks, but still have an important place in our society. |
| they will pay the bank for the loan, if the student bails | | | | Maybe something could be done about student loans |
| out on them. This of course eliminates the expense | | | | to enhance those careers and society in the long run. |
| and hassle for the bank of chasing down students | | | | Don't Worry, Keep The Money |
| after the fact. It happens pretty often, and many of the | | | | Student loans should be free to those and really can't |
| times when a loan isn't payed back, and the the | | | | manage otherwise. There are some students, who |
| government tries chasing down the student, they aren't | | | | just can't afford to pay back the loans even when |
| very successful in their attempt. | | | | they have graduated. And maybe that's OK. I'm sure a |
| Hey That's My Money | | | | lot of the lesser paid careers that they end up in just |
| So all those loans that aren't payed back by students, | | | | don't pay a whole lot. And often those careers are still |
| are really payed back by the taxpayers. Those same | | | | valuable to society as a whole. Social workers, and |
| taxpayers, that are already heavily subsidizing a | | | | jobs in the arts come to mind. These professions are |
| students four years or more of academia bliss. I'm | | | | often viewed as less then "necessary" careers by |
| sure many people can't be very happy about that. | | | | many "serious" professions. But, they are necessary, |
| Imagine the nerve of those students spending all their | | | | and they should be supported as much as possible. |
| student loans on beer kegs and frat parties, when they | | | | Maybe tuition for these society improving careers |
| really should be studying to become doctors, lawyers, | | | | should be free, just to encourage those wanting to |
| writers, and other depraved members of society. | | | | make a difference the chance for a good education. |
| Meanwhile, you and I are slaving away in 9-to-5-hell, | | | | Student loans would obvously be greatly reduced for |
| paying for all this. Secretly were all just jealous, and | | | | these students, and the expense of collecting those |
| wish we were them. Of course I'm allowing my writing | | | | loans reduced as well. Saving the taxpayers money, |
| flamboyancy to overwhelm me somewhat here as I | | | | and making our world and society a better place at |
| exaggerate. Most students with student loans, work | | | | the same time. |