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by searine 1116 days ago
Education is investment in community, not a profit generating vehicle.

I will gladly invest in my communities knowledge base any day of the week. Tax me. Please. Pay the teachers what they're worth and make the NIMBYs and FYGMs cry.

2 comments

This is not about your local elementary/middle/high schools, this is about higher education and their costs for both private/public universities. These costs have been increasing YoY at a much higher rate than inflation and for what?

More administrators? More useless degrees?

The entire premise of student loans is everyone is eligible for them, regardless of their potential future financial ability to pay them off. They're also not ever allowed to default on these loans.

These loans should be dictated by the free market for a multitude of reasons. One, it prevents the sociology student from incurring a 200k student debt that they'll not be able to repay because loan issuers will in fact realize that these students will never repay these bills. Two, if students cannot afford these outrageous loans, they'll have to cut back on their overpriced degree fees.

>These loans should be dictated by the free market for a multitude of reasons

It is a crime and tragedy that education needs loans at all. Students are not for your personal profit.

bailing out student loans is about paying banks, not schools or teachers...they already got paid (and socializing the loan debt just subtracts from capital available to raise public school teacher salaries)