Mark Cuban pans Clinton college plan

The Hill ^ | August 17, 2015 | Bradford Richardson

[george76]

Billionaire businessman Mark Cuban says Hillary Clinton's plan to curb growing student-loan debt will actually make attending college more expensive.

“[Hillary’s plan] stands a better chance of increasing the amount of money students owe than decreasing it,” Cuban said on his Cyber Dust app on Friday.

“Just as easy money led to the real estate bubble a few years ago, the easier it is to borrow money for college the easier it is for colleges to raise tuition. Tuition keeps going up because no matter how high they raise it, students can still borrow more to pay for it,” Cuban continued.

Cuban, who stars on ABC’s “Shark Tank” and owns the Dallas Mavericks, has for years warned of a “student loan bubble.” “At some point, it’s going to pop,”

[bigbob]

Keep thinkin’ about that VP slot, Mark.

[Slyfox]

I went to a state college in 1979, before the feds got in ankle deep. I was able to pay cash for my classes and my books because it was about 40 bucks a credit hour. I left the school with absolutely no debt.

The best thing would be for the feds to remove themselves completely from higher education, but we all know that ain't happening any time soon.

[duffee]

College Tuition is an inflation leader and when it goes up the amount that can be borrowed automatically goes up. Is it a payoff for all the PeeCee and liberal crap they spew?