Making taxpayers assume student debt might score short-term political points but doesn’t address the underlying problem: why college costs so much while delivering so little.
Changing the financial rules about college moving forward is a separate debate. Changing the rules retroactively, however, is dishonorable and unjust.
Regardless of whether Biden would find a loophole or merely attempt to cajole Congress, it remains concerning that there are many people who want him to force taxpayers to bail out the well off.
Long before the coronavirus hit our shores, our society’s focus on instant gratification has in many respects made acts of self-sacrifice a lost art.
With so many needing help after the one-two punch of the virus and attendant economic woes, universities, which have already drained trillions without fulfilling their promises, should be at the back of the line.
If this virus leads to tightening academic grants, defunding activist departments, making students more fiscally responsible, and shuttering nonessential bureaucracy in higher ed, then that’s a good thing.
Lawmakers always feel the need to ‘do something,’ seemingly irrespective of what that ‘something’ is. The current pandemic only exacerbates that dilemma.
The federal student loan program has enriched Sallie Mae, private banks, and colleges, but exposed U.S. taxpayers to enormous financial risk.
Above all, we must give high schoolers personalized post-secondary educational recommendations before they get caught in the quagmire of student debt.
Both of us grew up poor. College was our way out of poverty. Now, we see too many young people locked into poverty by a college education.
Why should Americans who didn’t overspend on college be placed on the hook for those who did? Erasing student loan debt is not a practical solution.
Children rarely become what their parents imagine for them, and it’s pointless to think they will. The problem isn’t the kids; it’s the parents’ expectations.
The higher education system is rotten to its core — economically, ideologically, and spiritually. Instead of tinkering around the edges, it’s time for conservatives to actually fix the root problems.
Democratic contenders for the presidential nomination are talking a lot about higher education, and it seems they want ‘free’ everything except for speech.
Apparently, the majority of Democratic presidential contenders want to parade student debt sob stories around. These stories don’t show the full picture.
Personal responsibility? Not necessary. 2020 Democrats have got you covered with their immoral wealth transfer policies.
Just as with every other spending decision in life, not every prospective college kid can afford his or her ‘dream school.’ Adults need to help students make prudent choices about their financial future.
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