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To: Political Junkie Too

The reason they have $200k in student loan debt is because baby boomers defunded public universities after going for virtually free compared to today’s tuition rates. A lot of the animosity comes frol how baby boomers have double dipped, first receiving free stuff and then pulling the ladder up behind them to avoid paying taxes.


24 posted on 08/03/2018 8:31:25 AM PDT by socalgop
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To: socalgop
...baby boomers defunded public universities after going for virtually free compared to today’s tuition rates.

Was it due to "baby boomers" or was it state legislatures who were dealing with budget crises like rising infrastructure costs due to uncontrolled immigration, or unfunded public employee pensions, or people leaving high-cost states and taking their taxes elsewhere?

Take California, for example. Was it "baby boomers" who decided to fund the bullet train? Was it baby boomers who increased the cost of corrections and health care (e.g., more illegal aliens in hospitals and prisons)? Was it baby boomers who caused the flattening of wages during the Obama years, and resulting stagnation in income taxes?

From this article, California reduced its public university funding by 29.3% from 2008 to 2013, but raised tuitions by 72%. Florida reduced public funding by 41.2%, but raised tuition by 67.3%. In Washington state, funding was reduced by 37.5%, yet tuition rose by 63.6%.

Based on the above, there is more going on than defunding of public universities, whether caused by "boomers" or not.

-PJ

36 posted on 08/03/2018 9:28:56 AM PDT by Political Junkie Too (The 1st Amendment gives the People the right to a free press, not CNN the right to the 1st question.)
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