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RE: How college loans exploit students for profit !
The cause of this was the Affordable Care Act i it the government needed a steady revenue stream to pay for healthcare. So they took control of the student loan industry. Now with the US government guarantee on all loans. The colleges kept raising rates.
So sad no one listened to the people saying this was coming.
The college system needs to be eliminated and replaced with a system that will train an effective workforce
You are right ! Too bad in US the system works this way. It will be very difficoult to change it. Here in Europe we have free education and the universities are good. Too bad some people want to change it.