If earning a college degree is such a great investment, why does government need to back student loans?
Update: If it is such a great investment, it also strikes me as odd that parents feel they need to save to pay for their kids’ college educations.
Same reason they tax everyone to pay for elementary educations for everyone instead of just those who cannot pay themselves. That’s where the votes are.
I agree. But, if you run into someone who votes for people who want the government to back student loans, ask them this question. Maybe they’ll give it some more thought.
Good point.