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I think the government took advantage of a lot of people. With the student loan debt.
The government doesn’t make much back, if anything, on undergraduate student loans. Most of their returns come from graduate students.
It’s really more that the universities took advantage of student financial aid.
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I dont mean the goverment is making money from the loans. I mean the government is getting a new generation under its thumbs by giving out these loans so easily. It is also true the universities took advantage of financial aid packages.
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