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To: SeekAndFind

Beyond the damage that is being done by the misshaping of minds - I would point out the incredible burden placed on the backs of the general revenue taxpayer by federally guaranteed student loans. The outstanding balance of all student loans at present is about $1.3T, 85+% of which is federally guaranteed. Certainly, some of those are Stanford MBA’s or Harvard MD’s - who represent little risk of default. But a significant chunk is folks who shouldn’t be in school, lured into programs at for-profit schools, that do little more than burn their tuition and leave the taxpayers as guarantors of their debt, holding the bag.


2 posted on 09/09/2018 12:18:50 PM PDT by Wally_Kalbacken
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To: Wally_Kalbacken

Wow, $1.3 Trillion. You are absolutely correct. What a drain on our country — and a devastation to so many lives.

Thanks for pointing that out, Wally.


5 posted on 09/09/2018 12:33:27 PM PDT by poconopundit (MAGA... Get the Spirit. Grow your community. Focus on your Life's Work. Empower the Young.)
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To: Wally_Kalbacken

All federal funding should be eliminated. The GI bill is the only program that shows any promise and even that needs to be cut back. 80% of college student have no business entering college and should be able to work without phony credentials or excessive licensing.


15 posted on 09/09/2018 12:59:40 PM PDT by antidisestablishment ( Xenophobia is the only sane response to multiculturalism’s irrational cultural exuberance)
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