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.
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.
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.