In 2009 Obama placed student loans in the hands of the federal government. There’s nothing in the constitution for this, people voting do not think of the constitution therefore we have consequent such
I digress
The feds had the green light to pour money into colleges and universities unregulated. UNREGULATED
The colleges and universities took it. They had zero incentive to lower or maintain tuition rates. The administrations grew in personnel and in taking in money
In the middle were and are students 17 and 18 years old signing for this s show with their stoopid gullible parents allowing this takeover
Now people blame the kids
That’s worse in stoopidity
It’s the fed, Obama and most of all the multimillionaire deans who claim no responsibility
It is beyond nauseating
But now you’ve got an out of control problem where these kids who were ripped off are unable to pay and of course it will come back on the working stiff taxpayers who re fff ing refuse to say stop to the corrupt congress and president allowing this
In 2009 Obama placed student loans in the hands of the federal government. There’s nothing in the constitution for this, people voting do not think of the constitution therefore we have consequent such
I digress
The feds had the green light to pour money into colleges and universities unregulated. UNREGULATED The colleges and universities took it. They had zero incentive to lower or maintain tuition rates. The administrations grew in personnel and in taking in money
In the middle were and are students 17 and 18 years old signing for this s show with their stoopid gullible parents allowing this takeover
"Psst, hey kid, have a taste, it's free. No payback until graduation. Do you like it? I can get you more where that came from."
"So how about extra money for goodies like video games and Steam, uh, I mean living expenses? You gotta live, right? And remember it's all free!"
"And if you drop out, we won't tell your parents [FERPA regulations]. We won't even confirm if you are enrolled or not. Then you can spend it all yourself for 2-4 years! Those suckers co-signed your loan so they are on the hook anyway."
"Kid, welcome to Moolah U!"