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Message
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Posted on 8/3/23 at 6:02 am to elprez00
quote:
It would be the best option for meeting in the middle. College cost is insane.
Agreed but how do 0% loans lower cost of college?
Posted on 8/4/23 at 9:26 pm to elprez00
quote:
It would be the best option for meeting in the middle. College cost is insane.
It's insane because the federal govt backs all these already cheap loans as a nearly unlimited money printer for everyone to go to college.
If you set the interest rate to 0% college cost would only continue to skyrocket because why not borrow as much money as you can at 0%.
Want to see college cost go down? The govt needs to turn off the money printer, not incentivize it to be even more appealing to borrow.
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