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re: Supreme Court strikes down student loan forgiveness plan as unlawful
Posted on 7/1/23 at 8:55 am to fallguy_1978
Posted on 7/1/23 at 8:55 am to fallguy_1978
quote:
Tuition inflation was already high and then the Federal government stepped in and guaranteed all student loans (early 00s?) and everything skyrocketed.
IF they did a real appraisal for every student loan, that would result in tons of denials of loans, these overpriced colleges would then get desperate and have to lower tuition to reasonable levels. Let's do it!
1
Posted on 7/1/23 at 9:07 am to calcotron
quote:
IF they did a real appraisal for every student loan, that would result in tons of denials of loans, these overpriced colleges would then get desperate and have to lower tuition to reasonable levels. Let's do it!
I remember people getting student loans from JP Morgan. It seems like the only way to reverse this would be to go back to private lending but I doubt that'll ever happen.
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