Is the Current Student Loan Policy in the United States Fair and Equitable?
Is the Current Student Loan Policy in the United States Fair and Equitable? The student loan policy tries to accommodate the needs of various students through grants, borrowing limits, loans, and federal work-study programs among others (Blumenthal, n.d.). Despite its effort to improve the affordability of education for all, there is still a challenge that hinders the fairness and equitability of the policy in the USA. The high interest rates scare students who are uncertain about their ability to repay the loans. Many post-traditional learners who seek educational advancement, for instance, work in low-paying jobs. It makes it difficult ...
