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re: Do you consider student loans government hand-outs?
Posted on 4/27/15 at 11:04 am to TeLeFaWx
Posted on 4/27/15 at 11:04 am to TeLeFaWx
quote:
Investing in education isn't a bad thing. I know there are some militant neo-cons here, but the government is using a handout to give the lowest percentage point for a loan you can get, and good on them.
I see what you're saying, but how is it a handout if there's an expectation of repayment?
Forget the interest rate, a loan is still a loan.
Posted on 4/27/15 at 11:10 am to Vols&Shaft83
quote:
I see what you're saying, but how is it a handout if there's an expectation of repayment?
Forget the interest rate, a loan is still a loan.
The program is subsidized in one way or another. It's a redistribution of wealth for people that didn't necessarily earn it. Yes. There are parts of the program that aren't that way, but there is an influx of tax money to make it work, and the only way to receive it is to put your name in the machine.
And this isn't a bad thing. I'm a libertarian. I'll most likely only vote Republican til the day I die, but I think a lot of your are so off base that the word "hand out" makes you morally opposed to it. There are certain buzzwords that illicit an emotional response, and that makes y'all puppets. Investment in education, even if it results in a hand-out in a way, isn't a bad thing.
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