Submitted by Bill (not verified) on June 5, 2008 - 11:38pm.
Why is it that nobody blames the schools? They gladly accept all the money and should be the ones who require students to prove at least a 101 level understanding of the loans they steer them towards. Isn't it funny how they will claim to teach you everything BUT what it means to borrow money?Of course the school gets their money upfront and the students don't feel the pain until they leave so what is their incentive? None!!!! They increase tuition at will because people are dumb enough to keep paying it and students have no clue what they are getting into until it's too late. Sad, very sad!!!
Start with the schools
Why is it that nobody blames the schools? They gladly accept all the money and should be the ones who require students to prove at least a 101 level understanding of the loans they steer them towards. Isn't it funny how they will claim to teach you everything BUT what it means to borrow money?Of course the school gets their money upfront and the students don't feel the pain until they leave so what is their incentive? None!!!! They increase tuition at will because people are dumb enough to keep paying it and students have no clue what they are getting into until it's too late. Sad, very sad!!!