“ Congress sets federal loan rates each spring off the 10 years. Student loans are typically higher than those of 3o year fixed rate mortgages” Which was said by (Rosato, 2016). The government is able to put how much money they get back in student loans, so they will constantly have money flowing around to get the stuff that the U.S. needs. If college was free the government would stop making money from that aspect, so if the U.S. needed to go to war from some reason we would need to buy stuff and that costs money. The final reason college should not be free is, because some high schoolers are not ready for college. “Changes in relationships between earnings and the measures the account for about two-thirds of the rise” stated by (American Economic, 2014). Some people want to change they major, because want to make more money. Even if college was free some students would not be ready with the major they want, because they have not studied it and it would not work for them
“ Congress sets federal loan rates each spring off the 10 years. Student loans are typically higher than those of 3o year fixed rate mortgages” Which was said by (Rosato, 2016). The government is able to put how much money they get back in student loans, so they will constantly have money flowing around to get the stuff that the U.S. needs. If college was free the government would stop making money from that aspect, so if the U.S. needed to go to war from some reason we would need to buy stuff and that costs money. The final reason college should not be free is, because some high schoolers are not ready for college. “Changes in relationships between earnings and the measures the account for about two-thirds of the rise” stated by (American Economic, 2014). Some people want to change they major, because want to make more money. Even if college was free some students would not be ready with the major they want, because they have not studied it and it would not work for them