Posted on 02/10/2016 10:12:34 AM PST by SeekAndFind
Young voters should be very cautious in accepting Bernie Sanders' idea that college should be free. Anybody who thinks this socialist-spun fantasy is a responsible plan should look at the rising student loan debt. It is now at $1.3 trillion and is stifling the finances of young people who want to get married, buy a house, buy a car, or pursue any other financial goals.
Socialism is a millstone around the necks of America's middle class and poor. Anyone who disagrees with this should look at how the cost of a college education has risen much faster than wages. This was only possible because student loans became a substitute for incomes. They seemed to make college more affordable but that was not only an illusion: it was a hurtful, intentional fraud.
Democrats intentionally misrepresented the long-term costs of readily available student loans. Easy student loan credit increased the cost of college the same way easy mortgage loan credit, also created by the government, skyrocketed the cost of homes. But there is a huge difference: while the cost of homes has dropped in most parts of the country, college tuition has not dropped, it has continued to rise dramatically.
This is because student loans were given to almost anyone who applied for them. It seemed like free government money, but anyone who has a large student loan knows the money wasn't free; they have to pay it back over twenty years. And if Bernie Sanders gives free tuition to all who request it, it also will not be free. There is something missing here, the money has to be financed by somebody. And like the student loan debacle of the past thirty years the student tuition debt will end up being paid for by the students themselves,
(Excerpt) Read more at americanthinker.com ...
Yep. Free college, free healthcare, free housing (I’ve heard this), etc. - all attainable but non-existent because of the evil 1%. It is all they hear. Rinse, repeat. They’re ignorant of the fact that the majority of tax receipts are already paid by the top 10%.
The best way to make something more expensive is for the government to make it “free”.
Crazy.
Whereas I understood it as soon as Obama took Federal control of student loans in his first SOTU speech.
I love that we need “free” college - is there a current problem with colleges filling their campuses? No - as a matter of fact, most decent colleges/universities turn away students. So - what do we accomplish by making it free other than driving up the cost? Understanding of the law of supply and demand is not the Democrat’s strong point it would seem on the surface - although I would argue their intent is to collapse the system so they can totally control it.
Another good article on the situation:
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