Republicans should stop making excuses for this situation and start showing creative leadership about how to responsibly deflate the special-interest pork bubble that U.S. higher education has become.
Part Two of the original proposal was that the federal government would pay for the loan cancellations by eliminating most of its grants to higher education institutions.
For wealthy, smart students, we should stop exalting the college experience and tell them to rethink the four-year plan. Most degrees can be done in three.
There are better ways to address student loans and ballooning higher education costs than Warren’s magic debt eraser and free college goody bag.
Debt-financing by America’s youngest generation has made it possible for universities offer politicized, useless majors and administratively driven indoctrination.
The justifications for propping up universities, which often act as little more than elite sorting mechanisms as well as left-wing indoctrination centers, are growing thin.
The Senate’s outgoing education chairman is focusing on reforms that are worthwhile but paltry compared to the problems of politicization and trivialization in higher education.
The average student debt payment is less than the average car payment. So why do people insist it’s ‘crushing’ young Americans so much that taxpayers should bail them out?
The average college graduate leaves school with a monthly payment of approximately $300. So why are students really struggling to repay their loans?
Any scheme that lures you to accumulate debt on top of current debt is not simply a lifestyle choice. It’s a moral choice.
Many young people are told over and over again to ‘Follow your dreams.’ But that’s often a one-way ticket to poverty, wasted time, and entitlement.
Gov. Andrew Cuomo’s Excelsior Scholarship will likely cost the moon, and could have catastrophic effects for New York’s higher education system.
The most striking thing about fixing American higher education is that the direct costs look surprisingly small. The major obstacles are political, not financial.
This has nothing to do with discrimination against young people brought here illegally. It has everything to do with sound and prudent business practice.
In 1965, John Cresswell Keats wrote a book that compellingly argued college wasn’t worth it for most students. Too bad we didn’t listen to him.
‘The Small Dollar Lending Rule’ would put massive restrictions on the short-term, high-risk loan industry—an industry that millions of Americans rely on.
I went to college and learned to think, from which I’ve concluded I shouldn’t have gone to college. Don’t find yourself in the same situation after graduation.
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