Quote:
Originally posted by Discotish
By you taking loans out to make investments, you are potentially taking federally subsidized money from people who truly need to the money to pay tuition or housing.
Just my 2 cents...
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Oh, right, because if there's all those really needy people out there, all us UMC class kids at Marquette wouldn't be getting our nice little UNSUBSIDIZED loans.
And isn't everybody taking a loan out to make an investment? AND furthermore, why would the gov't allow every student to take out a certain amount in loans regardless of family income if it was really such a problem.
Also, did anybody else pay the interest on their loans when they were in school? Since I have unsubsidized ones, and I'm sure I'm not the only GCer in this boat, I've been paying off the interest on them each year. It's only ~$15 a year for me and it's going to save me sooo much money later.