This Salon article analyzes searching at student education loans for just what they’re: loans.

Determining student education loans as loans

” student education loans are a financial deal, just like in the event that federal government had contracted down to build a bridge or hired an individual to serve into the army or police or perhaps an instructor. The funds invested the following isn’t “aid. ” Employing you to definitely develop a bridge exchanges work for cash. Figuratively speaking trade cash now for money later on plus interest. “

Figuratively speaking should not be viewed as free cash for training. They arrive with interest levels charged and really are monetary deals. Moms and dad loans are also transactions that are financial. Continue reading →