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.
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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.