that group.....look at my original post with those two links. One was to the actual bill and one was to a story by USNews. YOU linked to that group....I only referred to another set of links on that page where the group gives information to students about how to scam the system.
There are no businesses that I know of that actually give a loan and then give information to those borrowing on how to beat the business out of money by not paying it back.
As for having to have a job in order to make payments for ten years.....when you consider how long a time a loan can be extended for, monthly payments can be pretty small. A part time job at McDonalds would be enough to make those small payments....or a parent could make them for you....and then you default on the majority (plus interest) on the balance.
Whatever the word on the street might be about how a higher education gives you a better job, that's not necessarily true when, if you have tons of people all getting the same education, you are competing tenfold or more for one job. In my opinion, trade jobs are more scarce because there are no trade schools anymore. Electricians, plumbers, carpenters, machine operators, landscaping, big construction equipment operators, mechanics, masons, etc. are getting harder and harder to find and if we had more, there would be more people actually working and paying into the system instead of waiting around for those with those higher educations to get through school, find a job, and start paying into the system.
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