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Started By
Message
re: Erasing student debt
Posted on 4/12/22 at 4:50 pm to SlapahoeTribe
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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