Quote:
Originally Posted by hotlap
But not every student is deemed college material in those countries.
The problem in the US in my opinion is that more students are entering the system than should. Student loans are given to kids whose merits don't justify a $80k financial loan risk. Past academic achievement, combined with job prospects for the desired degree should factor into who gets loans
Tuition costs driven up by easy money given to some who's post college economic prospects make them a poor risk for that debt level. A government created problem, like the housing situation in the 2000s
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Not to travel any further into this other than to state that you may need to check your facts on your entire statement.