/sci/ - Science & Math

Ron Paul wants to do away with federally guaranteed student loans. He claims that they are the cause of the inflating cost of education in the US.

I agree. It's the same phenomenon as rising healthcare costs when people without insurance are locked out of medicine. But we need some assistance for people to go to university, or else our colleges will continue to educate foreigners at no cost to them while leaving citizens drowning in debt. What is the solution?

This'll explain everything you could want to know about the American student loan system.

>>3510196
What a country

Is it this bad in UK?

getting into college in the US is really easy because the schools and the government and the banks make shit bucket tons of money from students enrolling.

yes, if you get good SAT scores and good grades in high school you can get into most good schools. the elite schools you have to do something extracurricular that really stands out.

>>2397737

I'll agree with you that Goldman Sachs and some of the other investment banks are just nuts. They have their hand too far into government's pants.

Pic related, it's Sally Mae and the college loan madness.

However, I'll disagree in the method of fixing it. Trying to patch a hole caused by regulation, with more regulation, leads to more disastrous results.

>>2336450
Here is a special one for enraging /sci/'s American uni students