From: Randall Randall (wolfkin@freedomspace.net)
Date: Sun May 12 2002 - 11:04:21 MDT
Edmund Grech wrote:
>>Okay, but if the cost is more than the loan, then the provider should be
>>happy to increase the size of the loan, right? After all, it's easier to
>
> > allow larger loans than to search out more people who might not want to
>
>>go to college without marketing.
>
>
> This is a government loan
Oh, here's the problem. :)
> - it is set - £3000 non-income assesed - everyone
> is entiled to that. If you choose to be assesed and go through the very long
> task of showing you really do deserve it, the loan is increased by any
> amount upto a maximum of I think £4000. It is your assumption that the
> goernment actually knows what its doing in education (maybe it does and I
> don't know its agenda)
No, it was my assumption that the loan provider was profit-making, and
would therefore try to make things better for students in an effor to
increase profits.
Is making this sort of loan to students illegal for private entities in
Britain? If not, it appears that there is still a good market for private
loans to students, though those loans would not be at interest levels
conducive to putting the proceeds in a savings account (else the private
provider would just do that).
-- Randall Randall <randall@randallsquared.com> Crypto key: randall.freedomspace.net/crypto.text For every new mouth to feed, there are two hands to produce. -- Peter T. Bauer, 1915-2002
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