Independentthinker
Diamond Member
- Oct 15, 2015
- 20,411
- 16,625
- 2,288
We have been far too lenient dishing out student loans to people who never had a reasonable expectation of ever paying them back. This new rule should help in that regard but it should also be extended to every college in America. If you don't have a reasonable expectation of paying the money back then you don't get a student loan, even if it is regarding schools with good track records. And, many students have been getting student loans and not even using them for school, such as vacations and other things.
Biden strengthens rules to keep schools from saddling students with unaffordable debt
The Biden administration this week reinstated a stricter gainful employment rule, toughening one accountability metric and adding a new one.
www.yahoo.com