Yup, it takes the pressure off the students, they pretty much don't even have to think about paying the debt back until they earn over $50k/year.
Hey Panda, was it the government that gives out student loans or was it one or two giant corporations that did it in the states? When did you have to start paying the debt back?
It is also them that made it by law. That student loans cant go away even if you declare bankrupcy. And who allow 14%+ interest rates to be given by Salie Mae because FREE MARKET and no govt while actively pursuing govt intervention in other industries.
/opinon and bias