School Loan Warning -- Any Government Regulations?

Sure it's been mentioned but it should be reiterated. Students are just handed these loans because the government has set it up that they almost 100% cannot be discharged through bankruptcy or any other means. It allows students to get loans that never would qualify otherwise which is good but there should be some sanity in here somewhere.

 

People go to rice even though UT is cheaper and you will probably end up with a higher starting salary if you do engineering or business, but students still go to rice. At the end of the day it is up to the student to be start.

 

business majors have a hard time finding jobs unless they are good at networking. And starting business major salary at UT is 45k, that is about the same as you will find at most any other school

 

To me, it was about the same cost to go to Rice as going to UT. Rice has fantastic financial aid.