Quote:
Originally Posted by JohnnyClips
Guaranteed student loans fuck up the entire thing and make the cost of college sky rocket
Whenever the government steps in, the quality decreases and price increases. There should be no student loans, then the price would drop from the $50,000 per year to about $10,000 per year
It's a giant scam
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Bingo... there's no competition in prices if the consumer (students) don't give a shit on the price since they are getting guaranteed payment (from govt) for the product (school). The only ones that win is the school and the students that do have to pay for college on their own, and the stupid kids that graduate 200k in the hole with no hopes of ever paying it off will always lose.
Same thing with healthcare, how many American know the cost of an X-ray... no one, no one gives a shit since the govt' and insurance companies are footing the billl. How many americans know their co-pay.. 90+%. How many base their decision on buying insurance by how much the co-pay is.. 90%+.