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100% of banks would loan to them

Posted on: January 14, 2019 at 12:28:52 CT

BigSlickTiger MU

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M.O.B. Votes:

Why would they be a risky investment when there is no way to default on student loans? They are eventually going to get paid back for those loans and if they take longer and rack up late fees, it's just more money for them.

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MESSAGE THREAD

Why have college costs an fees exploded since 70s - mu7176grad MU - 1/14 12:02:21

I think that graph is wrong. When I graduated in '85, it - tigerNkc KC - 1/14 14:31:54

There is no incentive for cost control. Schools have a - Bulldog Bob Brown STL - 1/14 13:53:18

1990 breaking point. $25k to graduate. $25k/yr for first job - TigerFan92 MU - 1/14 12:37:09

So a person that received a free governmnet paid - meatiger MU - 1/14 12:36:30

i love it when you try to go beyond the talking points - 90Tiger MU - 1/14 13:42:08

Says the guy - meatiger MU - 1/14 14:10:37

No--I was paid $300 mo to be shot at against my will - mu7176grad MU - 1/14 13:37:02

Capping school cost increases - meatiger MU - 1/14 14:09:52

Uh---Mizzou is a govt agency - mu7176grad MU - 1/14 15:57:02

hopefully not go to school unless... - escalade NWMSU - 1/14 12:35:41

and people weren't getting as many 'useless' degrees - Spanky KU - 1/14 12:16:29

Sorry to read that post(nm) - raskolnikov MU - 1/14 12:20:53

has Useless arts degree ^^^^^ (nm) - TigerFan92 MU - 1/14 12:44:07

I know 3-4 folks with BFAs who use them & make a living - raskolnikov MU - 1/14 15:17:31

How many banks and lenders would you think - pickle MU

- 1/14 12:24:16

I was referencing the "useless degree" part and I was not - raskolnikov MU - 1/14 12:29:12

why? they have been proven worthless and useless (nm) - 90Tiger MU - 1/14 13:42:54

they’re worthless degrees - pickle MU

- 1/14 12:37:31

Which ones you talking about - I already addressed the - raskolnikov MU - 1/14 12:44:40

All of the ones you mentioned. All of them - pickle MU

- 1/14 12:58:16

the 2nd most popular degree is Communications - Spanky KU - 1/14 12:34:04

RE: the 2nd most popular degree is Communications - raskolnikov MU - 1/14 12:45:51

From the MU web site - Spanky KU - 1/14 12:49:12

I hate to point this out because it's not really my style - ummmm MU - 1/14 12:31:03

you should embrace the dark side, master luke. I'm sure - 90Tiger MU - 1/14 13:43:37

100% of banks would loan to them - BigSlickTiger MU - 1/14 12:28:52

he's not presuming you can't default. good grief. (nm) - 90Tiger MU - 1/14 13:44:15

the 2nd most popular degree was Communications last year - Spanky KU - 1/14 12:24:09

I saw a graph not long ago showing... - JayRoy KC - 1/14 12:12:41

You seem to know an awful lot about this friend?(nm) - raskolnikov MU - 1/14 12:22:05

Bull****. I had plenty of minority friends who definitely - BigSlickTiger MU - 1/14 12:18:39

RE: Bull**** requirements can be much much lower(nm) - TigerFan92 MU - 1/14 12:45:50

The maximum fed amount is $6k/year - TheShoe STL - 1/14 12:15:44

RE: The maximum fed amount is $6k/year - JayRoy KC - 1/14 12:25:02

very nice doodle - TheShoe STL - 1/14 12:54:44

or yours - Spanky KU - 1/14 12:23:13

"Federally funded Grants" - TheShoe STL - 1/14 12:53:03

Federally guaranteed limits are contained in my post - Spanky KU - 1/14 13:01:48

I was never talking to you to begin with(nm) - TheShoe STL - 1/14 13:16:40

I wonder how much of it is because of states cutting funding - tgr MU

- 1/14 12:10:20

That doesn't help, but it's not the cause - TheShoe STL - 1/14 12:13:47

Seemingly bottomless demand and money chasing - ummmm MU - 1/14 12:09:13

things like the G.I. Bill (nm) - pickle MU

- 1/14 12:16:32

RE: Seemingly bottomless demand and money chasing - MOCO SON MU - 1/14 12:12:09

‘cause gvmt treats everything as infinite rather than scarce - pickle MU

- 1/14 12:08:52

Yeah pubs and dems have sure fvcked that all up haven't they - mizzoumurfkc KC - 1/14 12:08:19

My Harvard slip was only $2000 in '68. Nm - yy4u MU - 1/14 12:07:54

I'd say one reason is a big influx of money in - GA Tiger MU - 1/14 12:07:43

RE: Why have college costs an fees exploded since 70s - MOCO SON MU - 1/14 12:03:37

College 529 from when they are born. (nm) - TigerMatt STL - 1/14 12:03:12

The shame of the govt interventions in the name of making - ummmm MU - 1/14 12:10:40