It's too bad economics wasn't a prerequisite for folks going to college. It's the TAXPAYERS that will be paying for all the defaulting loans on all your inadequate colleagues. You may have the ability to repay, but do you think everyone graduating from ITT has a $100k job ?
Oh, BTW, they just filed for bankruptcy, so yeah, American taxpayer will be paying for many of those loans made to students of ITT...
So, no, let's recap, the government will not come out ahead of these loans offered to folks majoring in underwater basket weaving.
It's too bad economics wasn't a prerequisite for folks going to college. It's the TAXPAYERS that will be paying for all the defaulting loans on all your inadequate colleagues. You may have the ability to repay, but do you think everyone graduating from ITT has a $100k job ?
Oh, BTW, they just filed for bankruptcy, so yeah, American taxpayer will be paying for many of those loans made to students of ITT...
So, no, let's recap, the government will not come out ahead of these loans offered to folks majoring in underwater basket weaving.
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