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To: Kaslin

The real problem with the ‘exploding college debt’ is not with the colleges, loan companies, nor with Congress - it is with those who take on the debt. No one is putting a gun to their heads to take out the loans. Congress, and ‘boy’ Obama have more important things to concern themselves with than wiping the noses and butts of fools who willingly and stupidly take on a loan that turns out to be more than they can handle.


4 posted on 11/19/2012 6:57:29 AM PST by Ed Story
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To: Ed Story
The real problem with the ‘exploding college debt’ is not with the colleges
Really? Who gets all the money? The lenders (i.e. "greedy" banks) are just a conduit.
And how do you explain sky-hig tuition rates when so many schools have multi-billion dollar endowment funds?
12 posted on 11/19/2012 7:09:22 AM PST by oh8eleven (RVN '67-'68)
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To: Ed Story

“The real problem with the ‘exploding college debt’ is not with the colleges, loan companies, nor with Congress - it is with those who take on the debt.”

Bingo!!! Our son got through school with partial academic and sport scholarships and working one or two part time jobs. He had no debt and is now saving for a masters degree for which he will have no debt upon graduation. Of course they weren’t Ivy League, but they were state schools with good reputations. Why is there so much insanity?


13 posted on 11/19/2012 7:10:42 AM PST by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Ed Story
Those kids have a "right" to college education. Oh, and the debt they incur.
They also have a right to the National debt too, and they don't even realize it yet.
34 posted on 11/19/2012 10:50:59 AM PST by MaxMax
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