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A comment on Defrauded students to receive loan forgiveness. Parent comment

Re:Defrauded students to receive loan forgiveness by epicureanideal on Friday March 19, 2021 @06:42PM (#26518901)
> College tuition just needs to be paid for by the state without the lending facilities, IMO.

No way. That just means the taxpayer gets defrauded rather than the student, and the "school" still gets their money. It encourages the further growth of fraud.

The government should not guarantee loans for universities and programs of study that do not have a track record of financial benefit for the students.

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Re:Defrauded students to receive loan forgiveness by ShroudedNight on Saturday March 20, 2021 @02:06AM (#26521134)
> That just means the taxpayer gets defrauded rather than the student

The collective of taxpayers has a far larger collection of sticks than individual students.

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Re:Defrauded students to receive loan forgiveness by arcticbull on Friday March 19, 2021 @07:04PM (#26519063)
> No way. That just means the taxpayer gets defrauded rather than the student, and the "school" still gets their money. It encourages the further growth of fraud.

That's literally what just happened now. The department of education is eating the loans. I may have misunderstood but is that not what the article is about?

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Re:Defrauded students to receive loan forgiveness by mewse on Friday March 19, 2021 @06:48PM (#26518961)
Can you be more specific about what “fraud” you’re saying the taxpayer is falling victim to in this scenario?
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