To: Cincinatus' Wife
Of all of the things that ‘government ‘ pays for. Higher education is a valid talking point imo.
2 posted on
04/03/2012 2:01:02 AM PDT by
allmost
To: allmost
The problem with the easy loans to students is that an artificial demand is created. More students going with “free” money makes the price go up. But hey, its just pretend money anyway.
Same thing that happened with the real estate bubble. The gov’t financing easy loans, folks buying homes they couldn’t afford with money they didn’t have. But hey, we’ll make it back when we sell the house - because real estate only goes up “they aren’t making any more land you know”. Same with the education - “I’ll pay it back after I get that great job as V.P.” I forget what the unemployment rate is for college grads - 28% or something?
6 posted on
04/03/2012 2:53:00 AM PDT by
21twelve
To: allmost
Of all of the things that government pays for. Higher education is a valid talking point imo.
It is? Why? Why is higher education any different from, say, mortgages, or health care, or "green" energy, or anything else that government messes up when it starts subsidizing said thing?
14 posted on
04/03/2012 3:48:46 AM PDT by
Oceander
(TINSTAAFL - Mother Nature Abhors a Free Lunch almost as much as She Abhors a Vacuum)
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