I presume those posting here like Democrats — “Oh, look, there’s a big pile of money in college endowments, let’s take it, and if there is no legal reason to take it, let’s pass a law authorizing us to take it!” — are looking simply looking for their or their family member’s debt to miraculously be erased.
Well, perhaps you should divest yourself of that false presumption, which appears to be a serious obstacle to your comprehension of a situation that is widely understood to be conscience-shocking and obscene.
The last I knew, Harvard had an endowment worth 36 bil. That’s just Harvard. It didn’t accumulate that money in a vacuum. Neither did any of the others sitting on their chunks of change.
But rather than tax that money, how’s about we just eliminate every damn dime of federal spending to every institution of higher learning.
Would you object to that, too...?
I presume those posting here like Democrats — “Oh, look, there’s a big pile of money in college endowments, let’s take it, and if there is no legal reason to take it, let’s pass a law authorizing us to take it!” — are looking simply looking for their or their family member’s debt to miraculously be erased.
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no a@@hat.
There are predatory practices and the education-industrial establishment connived with the government to asset strip and mortgage the future of our children.
They are paying their fines by asset stripping them to pay these exhorbatant fees that they charged.