12. Think for profit universities are bad? They’re worse than you think. Almost no matter how little you think of them they manage to be worse than that
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23. One of the biggest limiting factor in many Americans getting an education is geography. They don’t live near a college/university and making that move would be tremendously expensive relative to their incomes
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That’s all for now. Thanks for playing!
Show this thread
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Genuine question: what makes them hard to get? Is there a minimum amount or is it things like ID requirements that make it expensive?
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Reason I ask: usually only need £1 to open a basic account in the UK.
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Minimum balance and/or credit check
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Is there a reason for this? Credit check seems reasonable if providing overdraft facility, but not otherwise. Is there a rational behind minimum balance?
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Some have no minimum. There’s rationale but IMO not a good one
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Thanks
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Could you elaborate on this or provide a link? US Banks don’t accept everyone? (I’m not from the US)
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Many/most require a credit check and/or minimum deposit
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Got it, thx
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This is why crypto must succeed.
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This is not an accident.
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Plus the bank will help themselves to some of it.
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This an insane problem. I frequently remember the long line of people waiting to cash checks at the Albertsons next to UNLV on Fridays when I was in grad school.
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Have you unpacked why this is possible? Or determined the systemic issues which makes this possible in your America?
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Goodness. We don’t have anything like that here. All you need is a Finnish social security number. (And the education is free, too.)
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Did you ever find a way to assist unbanked students in getting their foot in the door?
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