The colleges got the money. They are like a flying school charging big money for pilot training and graduating people who still have not learned to fly an airplane.
It is really fraud on a grand scale.
If these large unpaid loans are a societal outrage, the colleges should pay off the loans. They received the money and provided nothing of value to the borrowers for it. Most of these colleges have huge endowment funds from which they could repay the loans.
The silver lining in this will be young people considering college will be reluctant to borrow money to attend.
I hope these Leftist hellholes go bankrupt. Society does not need to financially support communist indoctrination by kooks, racists and perverts who hate America.
“ The colleges got the money. They are like a flying school charging big money for pilot training and graduating people who still have not learned to fly an airplane.
It is really fraud on a grand scale.
If these large unpaid loans are a societal outrage, the colleges should pay off the loans. They received the money and provided nothing of value to the borrowers for it. Most of these colleges have huge endowment funds from which they could repay the loans.
The silver lining in this will be young people considering college will be reluctant to borrow money to attend.”
The colleges are the most passive disgusting rip off artis in history. They’re con artists.
They collect $ from the government then sit around completely detached watching this
They provide nothing they’re responsible for nothing
The good colleges do provide internships and work for a reputation the smart kids look at the list of graduates and plan for working. They’re taking 2-3 majors. They don’t drink or do drugs. They borrow a lot there’s no choice but they have a plan for re payment. They network with professors and deans, PhDs.
But to say the kids should get revenge by not attending school is not an answer