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Political Discussion
Reply to "any cons in suspended student loans debt? "
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[quote=Anonymous]We need to stop issuing Parent Plus Loans and then regulate Discover & College Avenue out of the loan business. Parent Plus Loans & Private Loans are the devil. I don’t care what anyone says, you & your kid are better off if the kid postpones college, rushes through college & graduates, goes to community college, etc than taking out those types of loans. I’ve seen way too many horror stories in my profession because of these loans. For starters, you’ll hear the “kids who live on-campus are more likely to graduate in 4 years” stat a lot by universities (question your sources…) without the slightest mention that kids who can *afford* to live on-campus are from familial relative wealth that statistically correlates with academic & professional success. Same stat is cited re: community college. Newsflash, it wouldn’t matter if a motivated kid from a UMC lived on the moon attending circus school. [/quote]
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