Anecdotes are cute but for the rest of us, college is overpriced regardless of where you go. Lower the cost of a college education that way whenever student loan payment pauses end, our economy doesn't collapse because people are trying to pay off their debt on top of all of their other expenses.
It's because there's no good reason, we're sending people into poverty so that the people at the top of these institutions can have money roll into their bank accounts with no end in sight. Almost like every other industry in this country.
Again it’s a sham - what kind of ROI is there on a full 4 year college degree for 90% of folks not to mention most gigs these days want those magic letters next to it like mba!
I agree. Joe Biden and the left like to attack corporations for making too much money. Why don’t those same people come down hard on universities? Set a cap on tuition, make universities reduce tuition, tuition goes down if inflation is up, etc. Universities think like joe so they will never be questioned and thus nothing will ever change.
My argument was that our system was, is, and will continue to operate to make the rich richer and the poor poorer, relax.
So you're arguing that we should give the government more control over public/private life? I'm all for that but that seems very anti-conservative to me. Also, I feel the need to say that Joe Biden is not your enemy.
Right and you pointed out universities, so that’s why I went there with those rich people getting richer. And again Biden says that is wrong so he should do something about it.
They want control and over the corporations who are making “too much money”, so I’m just saying Biden and company should treat all the same. Why do universities get exempt from being called out by Biden and company?
He's advocated for free college in some instances, lower tuition, canceling student debt, etc. He's done plenty imo
Advocated? So why hasn’t he got anything done? He’s the president. Let’s see if your answer is what I think it will be.
There’s only so much executive action can help. You also need Congress to get anything of substance passed, clearly.
Isn't it amazing how the Government never seems to understand that the market will react to whatever actions it takes. There are always side effects. Markets will adapt. You raise the demand for any product and result is higher prices. The same thing has happened with healthcare. Insurance that creates low marginal costs for using services raises the demand for those service which in turn raises the cost. Government seems to think it operates outside the laws of markets. It just shows how brain dead stupid many politicians are and how easily manipulated many voters are who are dying to have someone provide them with a free ride somewhere along the way. The best thing that could happen to this country is to require economics classes as a part of the curriculum for every high school student.
Yep, answered as I thought. Just as they are doing with border crisis today and everything else right now. Their answer is to always blame house republicans or trump.
It’s almost like it doesn’t take much brain power to think of the concept of balance of powers as an argument for why we don’t have a tyrannical king in charge of our country.
Maybe if we could rely on the powers of our entire government to get some work done instead of blaming a single person then we could possibly make some progress when it comes to bettering our country.
Do the numbers really add up to blame the cost of college directly on federal student loans? The maximum loan amount someone can take out is only $50,000.
For undergrad it's only 50k total. For graduate school the limit is higher, but I would assume most of the "student loan crisis" is due to undergrad loans.
