This Salon article analyzes searching at student education loans for just what these are typically: loans.

Determining student education loans as loans " figuratively speaking are a financial deal, exactly like in the event that federal government had contracted off to develop a bridge or hired an individual to provide into the armed forces or police or be an instructor. The cash invested listed here isn’t “aid. ” Employing you to definitely create a bridge exchanges work for cash. Figuratively speaking trade cash now for cash later on plus interest. "…