Posted on 08/15/2016 4:14:31 PM PDT by Lorianne
Edited on 08/15/2016 4:28:30 PM PDT by Jim Robinson. [history]
A prominent college president offers some bold advice to the next U.S. president.
Hillary Clinton is to win this November, she needs to motivate the electorate to come out to vote for something more than a justified aversion to Donald Trump.
Particularly for younger voters and voters with families, she has to capture their imaginations with a bold, simple, and common sense proposal to address one of the most critical financial and social problems currently facing a generation: the student loan crisis. And she needs to do so in a way that can do the most immediate good for the nation at large.
First, all outstanding student loan debt should be forgiven. Second, a new loan program should be created that is tied to incentives for college graduates to choose careers in public service and which indexes repayment to income
Hillary Clinton is to win this November, she needs to motivate the electorate to come out to vote for something more than a justified aversion to Donald Trump.
Particularly for younger voters and voters with families, she has to capture their imaginations with a bold, simple, and common sense proposal to address one of the most critical financial and social problems currently facing a generation: the student loan crisis. And she needs to do so in a way that can do the most immediate good for the nation at large.
First, all outstanding student loan debt should be forgiven. Second, a new loan program should be created that is tied to incentives for college graduates to choose careers in public service and which indexes repayment to income
How about via tbe ideology of obamacare, force all universities and colleges to forgive all student loans. Force the uiversities and colleges to pay the loans off.
Thats how liberals do things, make those that are “rich” pay for the poor.
“Next president should forgive all I.T. Service bills”
Oh wait.. that’s me !
Yeah, America’s schools employ hundreds of thousands of people. Medical schools have doctors taking out of their time to teach the next generation of doctors.
People work in the offices, they sweep up and they build new buildings.
All of that.. POOF gone.
I am more in favor of raising interests on these loans due to high default rates and discourage people getting loans.
Extra premiums should be layered for those going to work for the government in any form or obtain majors with no career path like wimin studies, homo studies, art history, etc to discourage people even thinking about selecting those majors. Discounts for Science, Engineering, Mathematics. Neutral on Business and the like.
hillary can use Clinton foundation money to pay off student debts.
They make it so everyone is supposed to go to college - they own the colleges and indoctrinate our children - they reward the faculty with big salaries that resulted in students taking more loan money that they offered and now my children will pay for it.
This would be swell - my kids can spend their adult life paying for art history degrees for some schmuck working at starbucks.
What about my children’s future? They will have to pay for all this crap, but this is where our nation finds itself.
“A democracy is always temporary in nature;
it simply cannot exist as a permanent form of government.
A democracy will continue to exist up until the time that voters discover
that they can vote themselves generous gifts from the public treasury.
From that moment on, the majority always votes for the candidates
who promise the most benefits from the public treasury,
with the result that every democracy will finally collapse
due to loose fiscal policy, which is always followed by a dictatorship”
- Alexander Tytler 1787
I am not willing to pay for your college education!! No one paid for mine!! I drove a truck and went to night school through my doctorate. You have no right to my money for your education in college. No WAY!!
There are the usual obvious difficulties: first, how that debt not held by the government will be dealt with, and second, that the economic consequences of that debt forgiveness need to be weighed against whatever stimulus will be generated by freeing up the cash now dedicated to servicing that debt. And lastly, where the money for this magic new program will come from if the government makes the current debt vanish in a pen stroke.
That's the real trick. Forgiving the debt is the easy part. Constructing a new program that will meet students' needs without increasing their debt will involve restructuring what the money is paying for at the moment, which is not only tuition and fees, but also the administrative support necessary to work the expanded loan programs themselves. Were colleges able to fire the staffers whose jobs are currently dedicated to government regulation a good deal might be saved, but they'll be the last to go. And the hit before them will fall directly on the faculty and programs that are the University. In short, education will be cheaper because it will be worse. That magic one-step solution the author is selling with a promise of another solution to follow is pure snake oil.
Classic give a fish rather than teach to fish.
(((Leon Botstein)))
“Discourage people from getting loans”
But the whole system is organized around these loans. Tuition and fees are 15X what they were twenty years ago BECAUSE of the loans. High school juniors are competing with each other ferociously to get accepted at places that cost $60K/year BECAUSE of the loans. Banksters are becoming billionaires BECAUSE of the loans. Party organizers in the Hamptons are in unprecedented demand BECAUSE of the loans.
If you discourage the loans, hundreds of thousands of leftist wormtongues will be out of work, and we can’t have that.
So the greedy pigs at our Leftist indoctrination centers will be able to keep charging a crazy amount for a lousy education that leaves graduates unemployable? What a stupid idea.
I did 4 years of active plus some reserves and NG plus worked various jobs for my extra education.
That promise to forgive all student loans, coupled with a promise to forgive all future such loans will get her legitimately elected.
I would modify that to be “Democracies with large urban populations.”
Yup
Could be just the ticket.
How to pay for universities’ buildings, upkeep, services, IT, and salaries is going to be interesting. ‘Fees’ are going to be astronomical.
Screw that. Debt Jubilee, wipe the slate clean.
All of the cronies on Wall Street will die of a collective stroke, and then people can rise or fall on their own.
No selective bailouts anymore as vote buying.
So Leon Botstein, the author of this unintentionally hysterical article, is proposing that everyone, including the 2/3 of the population that has not attended college, increase the subsidy of the other 1/3 who have. No surprise that Botstein is the president of Bard College, a bastian of far-leftism.
If the government were to completely separate itself from education the Free Market would take care of the rest and college tuition would plummet and raspberry unicorn courses and majors would largely disappear.
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