>Government gives thousands of small companies low interest loans worth millions.
>Company goes under and files bankruptcy. Loan obligations dissolve.
vs.
>Government gives thousands of low interest loans to millions of students
>Student goes under and files bankruptcy. Loan obligations DOES NOT DISSOLVE, student goes to jail.
What's wrong with this?
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It depends on what, if anything, you secure the sba loan with.
And by the way, no one goes to jail over it.
Both types of loans make you a PWNED nigger
Not in open air tax farms.
Nothing because business loans create jobs.
Student loans do not.
>student loans do not create jobs
Tell that to my sister, the well-paid professor of diversity studies.
Usury should be illegal
And
Student loans shouldn’t even exist in the first place. No loans means a person has to pay out of pocket and colleges would have to lower their tuition
>bbbbut a college would go out of business
They would adjust
one is secured the other is not. student loans are guaranteed by the gov so, like taxes, they can never be discharged.
Lol but then only rich people would get to go to college, even more so than it is now-- what we need is for college to be very cheap or free for those that cant afford it