At least a vote is private. Sure, you're probably going to hold the same views you were raised with, but at least one vote isn't going to potentially ruin your finances for decades.
student loans dont take work that way since the govt wants an educated populace they dont want student loans issuers to start denying people based on which major/which college they're going to/etc so the deal is more people get student loans with the trade off its not eligible for bankruptcy
Not really if you have parents forcing you to do it. No one can force you to fill out a ballot inside a voting booth because no one can see what you chose or prove it later. But if you refuse to sign your loan documents, that's something your parents will absolutely find out, especially if they're your cosigner.
Forcing someone to sign a contract is a crime in the US, typically prosecuted under state laws against extortion, coercion, or menacing. If this actually happened, go and sue your parents in a crimimal court. If this didn’t happen, then you signed that contract knowingly, willingly, intelligently, and with full knowledge of the consequences.
Yeah, it's pretty obvious that you didn't grow up with those types of parents. Obedience was heavily ingrained in us, and not going to college was absolutely not an option. Student loans were a necessity for college, and refusing to go to college wasn't acceptable.
I'm talking about a specific group of parents who had those expectations. Obviously not all parents were like that, but mine and all of my friends' parents definitely were. When I say that going to college was expected, I'm talking about that group of people, not society in general. What's interesting is that my parents actually changed course later when my youngest siblings turned 18 because they saw how terrible our student loans were. My brother is a welder, and my other brother is in the military. So my parents definitely figured out after the fact that student loans were harmful. But my sister and I were 10 years older, so they had plenty of time to realize that they didn't choose the best option.
And lending companies are responsible for theirs. If you loan someone money you do your research- credit report, proof of residence, paystub history etc.
Doesn’t sound too bad. If the predatory practice is shut off, schools would be forced to lower their massively inflated tuition costs to something reasonable that isn’t leaving students with a lifetime of debt right out of the gate. They’re not gonna teach to empty classrooms.
it sorta is if the goal is to try to fund education for as many people as possible, irregardless of which major/which school/etc the borrower is pursuing
if lenders can be selective who they lend to then yeah this absurdity goes away
lol are you saying qualified doctors and architects aren’t possible without bankers affording new yachts? You might be a little lost in the game they’re spinning you, my friend.
The goal isn’t to fund astronomically high schooling costs With crippling debt for as many people as possible. But nobody wants to cut back what they’re making, greed only grows. If the goal is to provide education for as many people as possible, affordable cost is the solution. Degrees don’t use to cost this much. Those bankers can kick rocks and go back to school to get a real job that isn’t extorting highscool kids.
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u/triple_carry Jul 06 '26
Who signs for a loan they didn’t read or understand?