• vacuumflower@lemmy.sdf.org
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    1 year ago

    I’m not from the US, I think I’ve heard that banks are obligated to give those loans with some characteristics?

    It’s going to cost much less if getting a student loan becomes much harder, because universities still need people paying.

    If anybody can get a loan, the cost becomes inflated.

    Just a thought.

      • vacuumflower@lemmy.sdf.org
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        1 year ago

        Well, then the solution is abolishing the law making these loans so easy. It will make things easier for students themselves (only after a transient process, though, which itself is going to be hard - but that can be softened by, say, abolishing it gradually, for different categories of students).