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Should banks/loan companies that give $$ towards student education do a save per

  1. mszskinni profile image56
    mszskinniposted 5 years ago

    Should banks/loan companies that give $$ towards student education do a save per grade option?

    ( View transcript & save a certain amount of money based on grades. e.g. Reduce loan by $1500 for every A achieved)

  2. profile image0
    Gusserposted 5 years ago

    NO---Banks are in effect lending their depositers money to students. Students need to be responsible enough to pay it back, not look for ways to avoid payment.

    1. mszskinni profile image56
      mszskinniposted 5 years agoin reply to this

      School's now a days are expensive . 30K a yr and more . 4-10 years in school thats a lot of money . At least if the student is doing well the money is getting put to good use .

    2. profile image0
      Gusserposted 5 years agoin reply to this

      Putting MY deposit to YOUR good use is not why I put money in a bank. It's a loan NOT a gift. Payment is required of loans.

 
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