Anyone seen any steps to reel in egregious loans? Put some parameters, limits, or criteria on student loan assumptions? Why are students still able to pull out $300k in loans to attend out of state private school and study a field for which there is little to no demand in the job market?
Why isn’t the government scaling back and putting students towards a much more affordable plan for them and the taxpayer:
- Two years local community college
- Two years in-state public university
- Study in a field for which there is demand.
As a taxpayer, I’d rather be assisting students that are responsible in taking out loans. Why should taxpayers who are responsible with their loans be on the hook because some brat and their parebts felt entitled to go to an expensive private school out of state and concentrate in a bullshit major?