re: Student Loan payments restarting

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Agreed but how do 0% loans lower cost of college?

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They don't. But neither does 7% loans as already evidenced.

Only way college cost will get lowered is to have colleges have more skin in the loan game. Whether that means the govt backs the interest and the college backs the principal or whatever.

Of course that will probably lead to instability of some colleges. Many colleges may have to trim the fat or the unnecessary degrees, etc.

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Agreed but how do 0% loans lower cost of college?

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They don't. But tying people to 25 year 15-20% variable interest loans with nothing needed other than a signature on a piece of paper is a little ridiculous.

I have student loans. I'll be paying them off until I'm in my late 40s. They need to reform the process. I hadno credit checks, no one cosigned, nothing. I just signed a piece of paper.

I also have a mortgage (which is less than my loans). For my mortgage I had to go through hoops, and sit with a lender, etc.....

For my student loans I didnt have to do anything. Worse, i was encouraged by one "school counselor" to take the maximum available to me multiple times and he showed me how to apply for some other ones. In hindsight, that dude was a piece of shite.