50% Of College Students Believe Their Student Loans Will Be Forgiven By Federal Government
by Tyler Durden
ZeroHedge.com
Feb 27, 2017
LendEDU, a private firm that connects students and their families with student loans and loan refinancing, has finally revealed a clue that helps us better understand the mystery of why so many college students across the country have become so comfortable haphazardly taking out $100s of thousands of dollars in student loans to fund their degrees in anthropology. According to a survey of 500 current college students conducted by LendEDU, apparently 49.8% of America’s entitled youth is convinced that the federal government will simply forgive their student loans upon graduation…call it a nice little taxpayer funded graduation gift.
Of course, as the US Department of Education points out, only a select few students who actually enter into public service jobs, teach in underserved areas or attend schools that shutdown within 120 days of their graduation actually qualify for federal loan forgiveness.
The Rest…HERE
