Posted on 11/23/2020 10:13:33 AM PST by Kaslin
I am all for it as long as it comes out of the endowments of the universities that harvested them for their student loans.
Good point
Student loans have made it possible for colleges to inflate their tuitions out of all reason. If people had to pay cash, or take out regular bank loans, colleges would have to moderate their prices. Instead, you give a kid a blank check, and then he is saddled with debt he can’t pay for decades.
Make the universities eat it.
Go three blocks down and ask whoever lives there to pay your mortgage.
Colleges need skin in the game. Colleges need to 100% control the student loan industry. If someone wants to major in Lesbian Dance Theory, that’s fine — the college can give them a free ride for X number of years. Will the student ever pay them back? Probably not. But if the college is OK with that, then there is no problem. And to be clear: This should not be a “loan pool” where many colleges get together to share the risk. This should be Harvard funding Harvard students. It should be Denver College funding Denver College students. Keep all the action localized and encourage everyone at both ends to make smart decisions.
On the other hand, it is possible to make a deal. Someone I know who simply couldn’t pay, wound up with something like a $5 dollar a month payment automatically deducted. After a few years of it, he wound up with a far better credit score than mine, though he has no money.
You can get your college paid by joining the military. If we pay off everyone’s loans, who didn’t join the military, that cheats the people who did it the right way.
Photo:
I’ll be darned. The Dude still abides.
Also, I believe that guy is the next Secretary of the Treasury for Biden—you know, Joe, the guy who stole the presidential election? After we pay for the student loan scofflaws we will be lucky to win the battle to get to the daily returnable cans and bottles first after a good night’s sleep in our car/home near the best pickup gutters.
Exactly. If providing education is their calling, why do they want to be millionaires in the process? They extort students with an overvalued education price.
It’s ridiculous.
My children will only attend college on my dime after showing me their educational goals leading to post-grad employment. No “finding yourself” or “college experience.”
Common sense article that doesnt matter to the idiots out thier, they just want it gone doesnt matter who pays
And finally, I always like to say, the best education in the world is four years in the Navy, and a set of Harvard Classics ($300 from ebay).
As it turns out, you can get the entire set of Harvard Classics for $1.99 through Kindle. 73 volumes in all.
The military has the best tech schools in the world, combined with real world experience. And you get paid.
No kidding. Why does any journal or publication have to pose these reasons? Answer? As evidenced with this election, America has become an uneducated, ignorant morass.
Major in Lesbian Dance Theory....
Not as lucrative as Opposing Toxic Masculinity.
Professors in those topics will glide past us in their $70,000 cars on the way to the airport for two week luxury vacations in the Bahamas while we are struggling to pay taxes and reparations.
The mandatory salary lists of the University of Michigan had some in the $250,000 a year bracket-—lower than the athletic program coaches but still not exactly on welfare, either.
Get ready for lots of bad ideas from the left.
The worst idea that I am seeing so far though are those among us here on FR who suddenly think it is a good idea to get angry about the Georgia senators and not support them.
That will teach them!
P.S. - both Georgia senators have called on the Sec of State to resign and both of them are NOT happy with the election mess in Georgia despite what the left-wing media (dailyfail for example) or the click-bait media (Gateway Pundit for example) tells you.
That's treasonous.
>>Student loans have made it possible for colleges to inflate their tuitions out of all reason<<
Tuition increases at 2X the rate of inflation (Google it - there are literally hundreds of references).
Govt student loans is exactly why.
IOW, because they can.
And people do not get “educations.” They get indoctrinations AND infantilizations.
Or, have the Universities forgive (refund) the debt and pay the Govt for their uselessness.
exactly
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