You Can’t Have a Drink at Age 17 But a Bank Will Lend You $57,000

Perhaps because they don’t think about it very hard, a lot of people blame those who default on student loans for reneging on an obligation that they under took freely. But let’s not forget, high school seniors at the age of 17 are required to sign loan agreements for up to $57,000. We don’t trust them to rent cars. We don’t issue them credit cards. How can we hold them responsible for decisions that they are not mentally able to handle?

css.php