today and the govt. wastes money on needless college student loans.India needs a paradighm shift and until it moves away from service sector, those average 29 year olds in 2020 are in for a shock. A $ coming in to buy a house will at least leave behind a house when $ leaves but if it comes in to buy
11.09 AM Jan 20th 2013
NPA due to Kingfisher is worse than student loan. Agree and disagree. Agree because it leads to reckless Capex by people assuming free money to exist forever and hence a complete waste of resources. Disagree as when non payment of student and farm loans becomes a norm it has social and moral
5.23 PM Oct 20th 2012
Source:Market Watch - The Federal government charges students uniform interest rates no matter how likely they are to default. If the government ran its student loan programs the way banks do, Ivy Leaguers would probably get a steep discount, those at state universities would pay a bit more
1.22 PM Oct 3rd 2012
. The politicians in power will think, "If we forgive loans we can get back in power." Is there a worse recipe for decline of an economy? Expect a mass forgiveness of student loans also, teaching our young people that defaulting on loans is smart--the worst education they can have.
11.18 PM Aug 20th 2012
Commission bounty, and rural employment guarantee programmes. I fear that Congress may get hooked on to that success and "forgive" more loans, especially farm loans and student loans, thereby placing an indelible impression in our young people`s minds--government loans will be written off. Take as much
9.25 PM Aug 20th 2012
A few days ago I had pointed out that if US government forgives student loans there, it would be that much easier for UPA government to do so, and perhaps declare a midterm election next year. My hope is now being shared by Wall Street it seems: Today I saw article in Marketwatch under the title
8.32 PM Aug 11th 2012
setup means it has great power of affecting people`s sentiments. If US Congress passes laws that forgives educational loans or makes it easier for the educated jobless to survive, it will definitely have a sentimental effect on India. Our government will find it much easier to forgive our student loans
3.09 PM Aug 2nd 2012
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.