re: how to solve the student loan crisis?

quote:

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Why do people take out so much in student loans? Use cheaper alternatives, work, dont take out loans for living expenses.

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Cheap available money has made this a thing of the past. I was in the middle of working full time and going to school full time out of pocket when the Georgia Lottery made it possible for traditional students (out of high school for less than 5 years) to go to school in Georgia for free basically. My matriculation fees (there was no tuition LOL, a different zebra with the same stripes) wen from about $35 an hour to nearly $500...in two quarters. I finished up on credit cards because I knew nothing about student loans and paid high interest for many years afterwards.


I think it is imperative that we, as taxpayers, subsidize the education expenses of people who will actually be productive members of society....doctors, nurses, engineers (I am biased toward the latter) teachers....but if you want to study medivial woman's issues you are on your own....good luck with that, I wish you great success. ANd we should only help those actually capable of doing the school work and not paying for remedial ANYTHING. It is opportunity theft from the best and brightest among us and it is costing us already as is evidenced by our lack of competitiveness on the world stage.