Does the national student loan repayment have any effects on the economy?
Paying back student loans has been a subject of discussion for a while. Every student has his or her own opinion over the repayment of the federal student loans. Most students finance their education through various college financial aid. I think the national student loan should be available as a grant. One of the consideration to secure a government job is the compliance to loan repayment. I find this to be a way of segregating some graduates. It is not possible for a graduate to repay unsubsidized student loan unless he has secured employment that guarantees the payment.
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