Originally Posted by Bo's Pelini
So your first line is I give no answers at all.
Then on the third line you say my only answer is to get a job.
So which one is it? Do I give an answer or not?
Quite honestly I hope you didn't take out a student loan for an education because it's showing in this thread to be a huge waste.
I also said work and save money if you still can't afford it take out a loan but you will pay a 6% interest rate. BTW you also act like the only people who have degrees have government loans. This isn't true.
So answer the question. What happens if the government were to have kept the student loans low and the bubble burst?
Keeping student loan rates at 6% is not going to break the government. Obamacare will take care of that. I would rather see the government spend money on providing six percent loans so students could better themselves than giving ****ing billion dollar bailouts.