A fool and his money are soon parted.
JoMa
Tuition needs to be decimated and Profs need to be forced to buy and drive Trabants.
As someone who didn’t and wouldn’t take on debt I don’t see the “conundrum”. Pay up.
This seems to be a rolling wave of bad consequences — young people have debts and don’t want to start families, they can’t buy a house, they don’t mature, they don’t grow up and realize that Liberalism doesn’t work: they desperately want someone to “rescue” them.
It’s bad for everyone.
No sympathy.
You borrowed the money to be indoctrinated, pay up.
Funny how this was not nearly such a big problem before Obama ( illegally) nationalized student loans
We’re sure that a major part of the solution will be to return student loan lending to the private sector. Government lending without prudent standards ( and this few repayments) is just what Obama intended — another tax money giveaway program.
We’re sure that a major part of the solution will be to return student loan lending to the private sector. Government lending without prudent standards ( and this few repayments) is just what Obama intended — another tax money giveaway program — in other words, more welfare .
I think 50% should be charged back to the colleges. The balance should be paid by the students with minimum interest, and student loans should be given back to banks who can look at the risk/reward of loaning money.
Pay to play scheme. College is for dumb leftists who drive out the conservatives and those superior leftists tenured adults pimping the DNC and Communism... They are so smart.
Our kids leave school debt free. They changed adult diapers, served half a million plates of Mexican food, and mixed up a million cups of brew at Starbucks, but they graduate debt free.
I'm just not seeing why there is so much hand-wringing over an average college debt of $29,000.
In 1965 full tuition at a nearby state university was approximately $200.00. Just tuition and only tuition.
After looking at the CPI inflation calculator, that same $200.00 should cost $1,613.98 in 2019.
Current tuition at that same state university this year is $6,380.00. Just tuition and only tuition.
The same state university is continually asking its alumni to help fund higher paid professors and build buildings so as to be ranked higher nationally, and gain prestige.
Instead of working their way through school, students and their parents now borrow, against the future.
As long as students and parents are willing to pay the increases, the increases will continue to rise.
What’s worse is useless degrees, such as gender studies, multicolored studies, and degrees that can’t possibly lead to employment, have proliferated throughout academia.
Ex wife borrowed 50k to get her nursing degree.
Makes 6 figures and no intention of repaying that loan
Take it out of the hides of the universities that overcharged students to provide lavish salaries to “perfessers” of fake subjects like “gender studies.”
All they have to do to pay off their $100,000 student loan debt is take their Harvard grievance studies degree into the job market and land a $150,000 per year entry level position with the skills they learned at that estimable institution. Their Harvard diploma should put them at the front of the pack! After about 4 years they should have paid it off and are ready to begin livin’ large, thanks to Harvard.
I guess the real dreamers were the citizen youth that went to college in pursuit of the American dream only to have it forfeited to comrade obama’s imported democrats.
I fail to see a problem here - the average student, after getting a 4 year degree owes on average $393/month.
If you went to school for 4 years, got a degree and haven’t improved your job situation enough to make essential a car payment, then you are pretty much a loser to begin with.
Yes, college is too expensive - and they should work on reducing the expense side of the equation - but ‘student loan crisis’ - I don’t buy it.