ST Alpha - "Amazing. It's almost like... they should have learned that in school somewhere. -- nm" (Reading a Post)

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In response to "who'd've thought? informing students about their future loan payments leads to dramatic drop in loans taken out -- (link)" by znufrii

Amazing. It's almost like... they should have learned that in school somewhere. -- nm

Posted by Strongbad (aka Rambler14) Jul 3 '14, 11:46

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Responses:

More like, the more information people have, the better decisions they make, -- nm - Roger More Jul 3, 12:29 5
- If I were signing up for a loan, it would be *crazy* to ask questions like - Strongbad Jul 3, 12:54 4
  - So what? Are you arguing that it's better for this information to be revealed only if it's asked for? -- nm - Roger More Jul 3, 13:24
  - you're also a grown man, not a fresh-faced kid just out of high school who only cares that he gets to go to college - znufrii Jul 3, 12:58 2
    - And let's face it. So many postsecondary students in the US are foreign. Objecting to their lack of American lending practices is just pounding sand -- nm - con_carne Jul 3, 13:04
    - I don't think it's too much to ask schools to put their students' interest first rather than taking advantage of their ignorance. -- nm - znufrii Jul 3, 13:00
it's a shared responsibility. schools need to be more transparent as well, when its in their best interest to obscure the true cost -- nm - znufrii Jul 3, 11:49 3
- (obviously plenty of students knew enough to make different decisions when they were actually given all of the information) -- nm - znufrii Jul 3, 12:11 2
  - oh, there's a for-profit private school here that sees students only as dollar signs. - Kim Pine Jul 3, 12:13 1
    - for-profit colleges aren't the only ones taking advantage of the gravy train. - znufrii Jul 3, 12:17
We can't educate he public about finances. What are you trying to do, bankrupt this country? -- nm - con_carne Jul 3, 11:49

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