• thevoidzero@lemmy.world
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      18 days ago

      Minimum payment is dependent on your salary and you can die with debt.

      Making education free would have been way better that making college expensive and then providing loans.

      • Hamartiogonic@sopuli.xyz
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        18 days ago

        Can confirm. For example, Egypt made university education free (or very cheap) for all Egyptians. Nowadays, they are pumping out countless medical doctors who get employed all across the Middle East. Probably not the highest quality medical care, but it’s still better than nothing.

        Now that I think of it, many countries offer free or very affordable university education for their citizens. What’s wrong with America? Even poor African countries make education accessible.

    • grahamja@reddthat.com
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      17 days ago

      There was no exit plan, the individuals just kept racking up college debt. Debt collectors cannot come to collect the debt if you are still in college, and the college doesn’t care they are still getting the loan money. They were professional students and they “beat” the system.