You're right, and the cost of tuition should be cut by 50%. What happens is that the more federal money becomes available, the higher the school jacks up their tuition. Cut the student loan rate without doing something to cap the tuition and they'll just use it as an opportunity to jack it up some more.
Bernie Sanders Wants Huge ‘Robin Hood’ Stock Tax To Make College Free
- Thread starter Banjo
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at first that would seem obvious, but a student loan carries a higher risk than a loan to the bank
yeah sure why not... create colllege care..
have the govt subside the crap out of it so wall street banks can buy for profit schools.
then charge high fees but give everyone govt backed loans.
then when the students realize they can't get jobs... let the schools collapse... after taking aout a few billion.
what could be wrong with getting govt involved again.
Judge Roberts could then force everyone to go to college and make us pay a tax if we don't go.
To make shooll affordable we could set up state exchanges...
Yeah... I want govt involved in more things.
Get the govt out of this loan business and tuition would get cut by 70 percent.
have the govt subside the crap out of it so wall street banks can buy for profit schools.
then charge high fees but give everyone govt backed loans.
then when the students realize they can't get jobs... let the schools collapse... after taking aout a few billion.
what could be wrong with getting govt involved again.
Judge Roberts could then force everyone to go to college and make us pay a tax if we don't go.
To make shooll affordable we could set up state exchanges...
Yeah... I want govt involved in more things.
Get the govt out of this loan business and tuition would get cut by 70 percent.
the job market was hot back then and after 12 years they could hardly wait for you to either apply or enlist. It took real restraint to pursue another four years (not to mention you got a draft deferral.)
but now that extra four years is absolutely necessary because kids today are a lot slower
but now that extra four years is absolutely necessary because kids today are a lot slower
If I were starting out today, I'd pick up a trade - no question. Less time in classrooms and get a job where you can point at your results.
Interesting to see the bubbles in stuff people buy, whether it is a sheepskin, a new house or healthcare. All three are bubbleiscous, have a whole lot of government interference (including plenty of civil rights laws) and plenty of not paying for years and years. If the car companies could make cars last 30 years (so they can crank out 360 month financing), the price of automobiles would soar! Heck, they could probably get 200k for them.
Guess that is also the plan on all this software-as-a-service. Charge a Jackson a month forever instead of $60 all at once.
Tell me how PhDs in music and woman's studies is gonna do that, Bernie. The people that want STEM classes will find a way to get into school. The people waiting on the freebies generally aren't rocket scientists.
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So those lending the money would receive no income on student loans - why would they lend, then?
oh, don't fall into this trap. We shouldn't and never should have loaned students money