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A comment on The Number of Older Student Loan Borrowers Is Rising. Parent comment

Re:The Number of Older Student Loan Borrowers Is Rising by pricechild on Thursday January 12, 2017 @11:50AM (#13383789)
Surely this can't be true?

It isn't because the minimum repayments are so low they never come close to the large interested accrued?

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Re:The Number of Older Student Loan Borrowers Is Rising by Meegul on Thursday January 12, 2017 @12:10PM (#13383995)
Here's some more reading on it: https://www.nytimes.com/2016/04/09/business/dealbook/getting...

Mitch Daniels, the president of Purdue, has been pushing for this as a sort of solution to student loans, but it just ends up with the higher-income students subsidizing the education of the lower-income students, where 'income' refers to post-graduation job income.

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Re:The Number of Older Student Loan Borrowers Is Rising by dragonwriter on Thursday January 12, 2017 @05:01PM (#13386542)
> Mitch Daniels, the president of Purdue, has been pushing for this as a sort of solution to student loans, but it just ends up with the higher-income students subsidizing the education of the lower-income students, where 'income' refers to post-graduation job income.

You know what else does that? Having government guaranteed loans in the first place.

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