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How to Fix the Student Debt Crisis
City Journal ^ | 12/02/2015 | Steven Cohen

Posted on 12/02/2015 7:12:23 AM PST by SeekAndFind

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To: RFEngineer

To clarify:

The school would let you keep retaking the course (AFAIK; I never actually looked up the exact wording). HOWEVER, most students were borrowing a lot to go, and failing required prompt payback of loans. Chronic failure was self-limiting.


21 posted on 12/02/2015 7:48:18 AM PST by ctdonath2 (History does not long entrust the care of freedom to the week or the timid. - Ike)
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To: SeekAndFind

What bugs me is we’re constantly bombarded, especially by Obama and his ilk is you HAVE to have a secondary education... of course, part of it (mostly) is to indoctrinate and brainwash our youth, but we don’t HAVE to go to secondary school. Trade school is the best if you have to. We really need to cut these university monstrosities down to size.


22 posted on 12/02/2015 8:08:16 AM PST by Thorliveshere
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To: SeekAndFind

No, there is no need to lend money through colleges, either.

We need to allow the Internet revolution to find its equilibrium in delivering far more efficient college education. Those who can afford a 5-6 year undergraduate holiday are welcome to purchase it. Those schools that want to give such a holiday to high-potential or other students are also so welcome. But the idea that we taxpayers ought to fund such concentrated waste and frivolity of others is beyond decency.


23 posted on 12/02/2015 8:22:28 AM PST by 9YearLurker
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