Friday's Star-Telegram had an Associated Press story titled, "Rise in student debt blamed on risky lending." I am going to put most of the blame on the students borrowing the money. They are borrowing for college, but many do not even know the money has to be paid back with interest.
I am going to go out on a limb and suggest these students are not college material in the first place.In fact, could be the taxpayers should make them pay back the money spent on that student's high schooling, which apparently was ineffective.This is clear evidence that too many people are going to college. These students should be learning a good trade. Maybe they should enroll in a trade school or should be taking trade courses at a community college. (Cheaper alternatives with a quicker payback.)I also am going to guess that many of these students do not have proper parenting to coach them on the basics of life, like "Borrowed money needs to be paid back" and "Don't borrow more than you absolutely need." Or better yet, save money while you are working and then pay for something.-- Brian Luenser, Fort WorthHave more to add? News tip? Tell us
