learner Loans Are Free Money

Student Loans Banks - learner Loans Are Free Money

Student loans don't truly need to be paid back do they? learner 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 conduct the loans, unless the government guarantees the loan will be paid back. Of policy the government can't truly certify that a learner will be responsible enough to pay back the loans, they just certify the they will pay the bank for the loan, if the learner bails out on them. This of policy eliminates the price 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 prosperous in their attempt.

Student Loans Banks

Hey That's My Money

So all those loans that aren't paid back by students, are truly 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 people can't be very happy about that. Dream the nerve of those students spending all their learner loans on beer kegs and frat parties, when they truly should be studying 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. Secretly 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 learner loans, work hard at school, and often hold down part time jobs to preserve themselves. And often in programs that won't turn them into high paid professionals like doctors and lawyers. I reckon most of the doctors and lawyers do pay back their loans in the long run, simply because they have the financial means to do so. But what about those other important careers that don't pay big bucks, but still have an important place in our society. Maybe something could be done about learner loans to improve those careers and community in the long run.

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