Student Loans

@o2bnocn (2992)
United States
April 17, 2013 3:40pm CST
Recently I read in an article that Obama has a new earn to pay as you go program for student loans. The article talked about how the plan has flaws but yet every program has flaws. It also mentioned the interest rates in it as well. Do you think Obama is making wise choices when it comes to student loans?
2 responses
@AidaLily (1450)
• United States
18 Apr 13
I think he is trying to but I don't think he quite gets it enough to do something about it. I think if he wanted to work on fixing the problem, he should deal with the colleges themselves. Student loans are a major problem, but I also think the misinformation on them, the careers, and the fact that colleges will just keep raising their prices because of the amount of money they can just get for keeping students in school as long as possible. A four year degree is now taking many students four to five years or more. Just fixing one side of the issue isn't going to help the problem if colleges can keep doing what they are doing.
@mensab (4200)
• Philippines
17 Apr 13
it seems that the student loans are getting more attention because they add to the debts of the country. the cost of education is getting too high, and the reward of getting a higher education is not anymore rozy and promising with unemployment hitting all-time highs during the obama presidency. i think having the loans become more responsive and affordable to students' needs is what is being put forward.