Quote:
Originally Posted by Gustoo
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Also I didn’t know the student loan crisis was a crisis outside of the crisis of the middle class ceasing to exist which the loan thing would be more a symptom of than a cause. Does anyone think student loans are actually the cause of bad stuff or just think it would be nice not to pay them?
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I think the loans and the government allowing and regulating them very poorly, are a
part of the problem, problematic for sure.
I don't think the loan business should be legalized the way it especially is now. And loane givers should be somewhat more liable than loan recievers. I would prefer loans being outright illegal, but I also acknowledge how big international business has to interface with the loan markets to kinda of even be economically viable and how America needs access to international markets in order to not permanently spiral into recession as the rest of the globe kinda spins on.