This is debt many will carry for the rest of their lives, because student loans are the ONLY debt that cannot be escaped through personal bankruptcy.
Student loans are the new slavery.
I simply can’t fathom that 10% of any parent’s income on a year of college education is a good investment. Incredible. Especially if more than one kid.
Harvard has about a billion dollar endowment. By law they are supposed to spend 5% of that each year on their “school”, but the liberals got the greedy bastages an exemption from that requirement.
I think it might be time to tax these large endowment funds.
Didn’t Obama go to harvard? He’s not smart enough to run a snocone stand. A company is known by the product it puts out. They need a class at harvard called SNOCONE MAKING 101. “Barack! Take the cone off your head! No, the ice isn’t racist because it’s white.”
On line universities (ie: U of Phoenix etc.) are the answer. IMHO most degrees are a waste of money anyway. Unless you go into medicine, law or something like engineering that requires specialty courses the rest of college is just structured reading of some tenured professors lame excuse for his course textbook. Sitting in 500 person lecture halls is also a huge waste of time. Truth be known, most ‘students’ never work in their discipline anyway. How many Sub-continental Indian art majors can the world need to augment the Black History and Womyns studies PHD’s? Since they are going to be living in their parents basement anyway they might as well just take their laptop down with them and hit one of the on-line universities while they are at it.
This is the college that gave us Obama.
It should be bulldozed.