Y’all are talking hypocrisy but shouldn’t this generally be a bill?? Student loans shouldn’t have interest. They’re an investment into the future of the country and economy. They’re still loans, and absurdly ruthless at that.
Especially because education in capitalism is just a subsidy for businesses. Educated workers don’t need to learn basic skills at the expense of the employer meaning businesses will be more likely to set up shop in your country.
So whether it’s from a progressive pov or a conservative economic one, student loans having interest is BS.
Y’all are talking hypocrisy but shouldn’t this generally be a bill?? Student loans shouldn’t have interest. They’re an investment into the future of the country and economy. They’re still loans, and absurdly ruthless at that.
Federal loans? Maybe. Sure. Good discussion.
Private loans? They are free to have interest.
Should private student loans exist? Probably not, but the market need existed so they were offered.
Especially because education in capitalism is just a subsidy for businesses. Educated workers don’t need to learn basic skills at the expense of the employer meaning businesses will be more likely to set up shop in your country.
So whether it’s from a progressive pov or a conservative economic one, student loans having interest is BS.