Rasputin_Vol
"Slava Ukraina"
- Joined
- Aug 14, 2007
- Messages
- 72,056
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You have borrowers and you have lenders. The way the system is set up right now, only the borrowers suffer consequences with regards to student loans (thanks to GWB). If the lenders had to suffer consequences of students defaulting, you might (might) see them less like;y to issue student loans on majors that won't likely be paid back. I say "might" because I'm not so sure they want to keep these people in debt slavery anyways.People wanting to go to college. As stated, it is on us to pay off the loans. Is the system broken Probably but we need to take some responsibility on ourself.