If they really want to solve the student debt crises.....and they don't. The Government needs to quit feeding the ever-rising cost of tuition by getting out of the student loan business. I hope I don't haver to explain myself to whomever will be reading this post.
In 1970, I paid $9 per credit for my classes at Minnesota State [the Mankato State]. In 1980, when I got around to graduating, tuition had risen to $12 per credit. I had married and had 2 children by the time I graduated......for that reason a banker Dad of a friend of mine, asked if I needed a school load. I had never heard of them at that point. We took out some [mostly grants].
Apparently they became very popular. Tuition was $50 per credit by 1985....when I considered going back for a teaching/coaching degree. When I did go back in 2006, tuition was $150 per credit for undergrad and $300 per credit for Graduate program classes.
All because tuition was easy to pay for, you can't get rid of the loan through bankruptcy, and now it is handled by the government and not banks. Very similiar to FHA backed home mortgages. That policy [along with race based lawsuits] helped fuel the home mortgage crisis in 2006-2009.
They are here to buy votes and drive the country off the road.....so they can come and pull you back on the road.....with another "throw printed $$ at it" scheme.
Good to hear your voice again Jason, we need your common sense more than ever these days.
If they really want to solve the student debt crises.....and they don't. The Government needs to quit feeding the ever-rising cost of tuition by getting out of the student loan business. I hope I don't haver to explain myself to whomever will be reading this post.
In 1970, I paid $9 per credit for my classes at Minnesota State [the Mankato State]. In 1980, when I got around to graduating, tuition had risen to $12 per credit. I had married and had 2 children by the time I graduated......for that reason a banker Dad of a friend of mine, asked if I needed a school load. I had never heard of them at that point. We took out some [mostly grants].
Apparently they became very popular. Tuition was $50 per credit by 1985....when I considered going back for a teaching/coaching degree. When I did go back in 2006, tuition was $150 per credit for undergrad and $300 per credit for Graduate program classes.
All because tuition was easy to pay for, you can't get rid of the loan through bankruptcy, and now it is handled by the government and not banks. Very similiar to FHA backed home mortgages. That policy [along with race based lawsuits] helped fuel the home mortgage crisis in 2006-2009.
They are here to buy votes and drive the country off the road.....so they can come and pull you back on the road.....with another "throw printed $$ at it" scheme.
Had enough yet???