There’s plenty of guilt to go around.
Colleges dumb down the curriculum to keep these mororns enrolled
Parents share some blame too.
I don’t see them mentioned.
Yes, another big blame is exploding costs at universities, as Rush points out often and for a long time.
The government taking over the student loan scam was a green light for colleges to make the sky the limit.
Then Liz Warren charges $400K to teach one course!
When Obama took the student loan business away from the private sector banks and brought it into government control, universities started raising their tuitions.
Tuitions went up in direct relationship to the government financing the student's debt. When the colleges know they'd be paid whatever they charged because the government was involved in the loan business, things got out of control pretty fast.
So now easy to get student loans to pay for inflated tuitions turns into a nightmare. Students can't find employment that will come close to generating enough income to pay the loans down.
Along comes fake Indian woman, Warren who says she'll pay the $640 billion student loan debt off by taxing the uber wealthy.
Sounds like another democRATic scam to me to rob the taxpayers.
Time for students to learn economics and take responsibility in paying their own debt back.
When Obama took the student loan business away from the private sector banks and brought it into government control, universities started raising their tuitions.
Tuitions went up in direct relationship to the government financing the student's debt. When the colleges know they'd be paid whatever they charged because the government was involved in the loan business, things got out of control pretty fast.
So now easy to get student loans to pay for inflated tuitions turns into a nightmare. Students can't find employment that will come close to generating enough income to pay the loans down.
Along comes fake Indian woman, Warren who says she'll pay the $640 billion student loan debt off by taxing the uber wealthy.
Sounds like another democRATic scam to me to rob the taxpayers.
Time for students to learn economics and take responsibility in paying their own debt back.