What a rambling and logically contradictory piece.
This guy is one of NR’s vicious anti-Trump hit men.
That we're making them in the first place? Doing so fuels exorbitant inflation of tuition, and gives government something they can use as a club against any institution that dares stray from the PC path. And for what? I don't see an upside here.
Huh?
Do you know the meaning of the word “excerpt”?
IF:
...they were private loans,
AND:
...they were not not government guaranteed,
AND:
...they were not protected from standard bankruptcy law;
THEN:
...the problem would correct itself.
Read Ohio University’s Richard Vedder, director of the Center for College Affordability and Productivity.
recently spoke of the cause of rising higher education costs.. ‘”Colleges are an escape from reality. Believe me, I’ve lived in one for half a century. It’s like living in Disneyland. They’re these little isolated enclaves of nonreality.”
I got plenty of woman's studies at college and it didn't cost me a second of classroom time.
This guy is a terrible writer.
We’re definitely overdue for some comprehensive tuition reform. These joints are ripping the kids off with their out of sight tuition costs. If college administrators were being treated the way CEOs are, people would be screaming for their heads. JMO.
“Your Honor, I will be able to post bail and retain my own attorney once my student loan is processed.”
I’ve heard these exact words numerous times in open court. I don’t believe that this was ever the intention of the do-gooders’ program.
Oldplayer
Maybe that was true at one time; or maybe it was always a myth; but I don't believe it is true today.
Especially with: 1. The proliferation of degrees in nonsense subjects (generally, but not always, things that end in "studies") and 2. The dumbing-down of legitimate courses (eg - substituting Maya Angelou for Shakespeare in "Literature" courses).
The Biggest Problem with Student Loans
little to no ROI?
There are several problems here that this article dances around.
1. It’s not the people getting degrees in womyn’s studies and creative writing, it’s the people getting degrees in English, history, and other real fields that used to lead to solid middle-class jobs that are now gone, and the jobs that are left pay starvation wages for the first few years.
2. If someone wants to be a teacher or social worker, the cost of the degree is more than the job actually pays. You’d have to be a fool to go into teaching now, but for a hundred years it was a good job that someone could earn a living at. Again, the middle class is gone.
3. This article undermines its own argument when it says that instead of worrying about people getting doctorates in gay literature, we should worry about poor black people, but then it says that most of the defaults are from loans for for-profit schools and community colleges, so we should do what? Discourage poor black and brown people from trying to get any secondary education at all? I’m not sure what he’s advocating for here.
This article is a mess.
I heard a report on the radio (WJR 760AM, Detroit) a few weeks ago that the national student loan debt total is somewhere around $111 billion. The very next report I heard was a warning to students about being victimized by various scams out there.