While I tend to agree, and I paid mine back, we can’t ignore the fact that the government has had a hand in the outrageous costs increases (via easy loans, “everyone needs a degree” campaigns, promoting worthless degrees, political manipulation of state universities, etc.).

I’m not saying that paying off debt is the answer, but a problem as big as this can really only be fixed by an entity as large as the federal government. As much as we don’t like it.

The idea of getting a four year degree in four years while working as a waitress or a bartender and paying your own way is a thing of the past for nearly every university in the country.

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Posted by WildTchoupitoulas

Member since Jan 2010

44071 posts

Posted on 4/12/22 at 4:50 pm to SlapahoeTribe

quote:
we can’t ignore the fact that the government has had a hand in the outrageous costs increases (via easy loans, “everyone needs a degree” campaigns, promoting worthless degrees, political manipulation of state universities, etc.).

Wait, wut?

I agree that the apparent cost of college has outpaced inflation over the last 30 years, but...

quote:
“everyone needs a degree” campaigns

I've never seen any such "government" campaigns. There is social pressure to get a degree, and pressure from employers to at least have a degree to qualify, but you can't blame the gov't there.

quote:
promoting worthless degrees

Again, while "worthless degrees" may be promoted, I don't see the government doing that.

quote:
political manipulation of state universities

State universities ARE government entities. What's happened in Louisiana is that as soon as TOPS came around, the state slashed college funding from their budgets. State universities used to be largely funded through state budgets, and as a matter of fact, LSU (at least) didn't even HAVE "tuition" at least up until the 90s.

quote:
easy loans

THAT'S the key. Money POURED into college funding, flooding the market with dollars, thus driving up the price.

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Posted by riccoar

Arkansas

Member since Mar 2006

3026 posts

Posted on 4/13/22 at 7:46 am to SlapahoeTribe

quote:
The idea of getting a four year degree in four years while working as a waitress or a bartender and paying your own way is a thing of the past for nearly every university in the country.

First, there are very jobs that care where your degree comes from.

Second, my daughter worked but took out a loan. Her last two semesters, I challenged her to work and build up the money and pay as she went, and she did it. Now she gets to pay the rest back because she chose the easy way.

Yes, the government and colleges are making bank, but folks don't have a gun put to their head and made to take those loans.

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