100%!!! pay it out of their endowments!Only if the University’s absorb the loss directly.
NOT the taxpayer!!!
“Only if the University’s absorb the loss directly.
NOT the taxpayer!!!”
AGREE!
Student loans only prop up outrageous tuitions and unjustified tuition increases for the liberal cesspool of higher education.
Exactly, the universities are the ones who ripped them off for huge amounts of money for very little real education.
Exactly! They charge an astronomical amount of money for their product with no accountability when it fails the consumer.
Yep, clawback from the universities. With prejudice.
NOT the taxpayer!!!"
Exactly! An excellent idea. Make those pompous, liberal professor's feel the pain. The cost of a college education is pretty ridiculous.
The average professor makes well into 6 figures, and often only teach 2 or 3 classes a semester while their graduate students do much of the work.
The Fed Gov't has been making direct loans to students since about 1992. At first, it was a trial but by 2010, 100% of Stafford loans were "direct" meaning they used taxpayer funds for the loans. So, a whole big chunk of that $1.4 trillion is due to the taxpayers. Are we supposed to pay ourselves back with our own money?
And then no more tax money to the University either.
The universities already have the money.
It’s like giving amnesty to illegals. You just end up with more debt going forward.
You’re kidding, right?
The Wall Street banksters won’t allow that to happen.
Not ever!
100%!!! pay it out of their endowments!