This did not become an issue until FedGov took over the student loan industry as part of ACA.
As for what Trump said, idk.
Government loans and grants give colleges the ability to raise tuition through the roof. They only way to reign in tuitions is to add strings to government assistance, for example saying that government aid can only be used at colleges that charge less than $30,000/year.
Scholarships to Trump University!!!
Oh, wait...
Trump: The system is broken, we have to fix the system.
But of course the habitual liars in the “Conservative” media put their own spin on the statement rather then actually address what was said
....and we need a gubmint program to make banks give mortgages to people with bad credit.
Whaaaat? How about getting these colleges for once to explain their huge tuitions?
The total balance due on student loan debt is higher than total credit card debt.
What would a conservative do?
I think this is something the “Conservative” media machine might want to keep in mind. Candidates come and go, your reputation follows you around for the rest of our career in media.
Really want to get a reputation as habitual liars? Take a look at how that tactic has worked for your cohorts in the Leftist media.
>> “So we’re going to have to start a program,” he said. “We’re going to do something very big with loans because you have to get these people going. They really feel down and out. “
Why shore! Big government programs are the conservative way! You HAVE to “get these people going”, right Donnie! After all, they feel “down and out”; why should they take personal responsibility for their own voluntary actions?
You have to figure out why college is so expensive to begin with. Two hundred dollar books written by the prof. you’ll have and only need to read just one paragraph for starters.
“What did he say?”
I think he said more govt spending is the solution to a problem that was created by govt spending.
NOT competition and first party payer.
See: 0bamaCare on steroids.
That's Donald's Fair Warning.
Will any listen?
Sorry Don. The best way to bring down costs in Universities is to remove ALL government funding. State and Federal.
Yet more proof that Donald Trump is a liberal. A big government authoritarian liberal.
“So we’re going to have to start a program...”
But, but, he’s for a WALL! That’s all that matters. AND he’s going to make Mexico pay for it! Hey, maybe he can make the universities pay for the students to go there and the government can then pay the universities so no one is really paying for anything. That’s the ticket!
He may have just lost me. I want less gov’t, not more. If someone wants to go to college, they need to figure out a way to pay for it. It’s not my job to send your kid to school.
As to public education in general, using property taxes to fund education makes little sense. What if you never have kids? How do property taxes figure into either the Benefits Received or Ability to Pay Principles of taxation? What about the family with 10 kids in school versus me with none. How ‘bout this: I get an educational voucher for the amount of property tax I pay. Suppose it costs $4000 to educate one child in my tax area. Further suppose I get an $8000 voucher. You, on the other hand, have 4 kids in school, but only have an $8000 voucher. You can buy my voucher for whatever the market says it’s worth. If I decide to sell it to you for $3500, you save $500 over the cost of educating your two “extra” kids. If you want, you can send your kids to a private school, but that might cost $6000 per child. Let the free market serve the educational market.
When a kid asks you to buy pencils or cookies for the "SCHOOL FUNDRAISER" tell him or her you refuse to support the RATS running their school.
Explain to me again how Trump is a conservative?