it is a broken system tho
but a fix is legalizing competition to the current schools and being able to work without degrees or licenses... in effect bring in more of a free market in education and jobs
suprised more people aren't against mandated degrees, they're like vax passports but for jobs -> job passports
Scruffy_Nerfherder@wolfballs.com 2 years ago
Student loans are predatory. A lot of house loans are predatory as well.
A friend of mine, his dad bought a house with a bad loan. He basically never paid it off. It was perpetual rent.
He probably could have refinanced or paid a bit more and dug out of it, that doesn't mean the loan wasn't predatory.
iamtanmay@wolfballs.com 2 years ago
Yes. Financial education is important, just like self defence and fundamental legal knowledge.
I don't think the right approach is to do away with loans because of bad actors. There will always be bad actors in a free market