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re: There's over $800 billion in college endowment funds/assets available......

Posted on 8/25/22 at 12:09 pm to
Posted by novabill
Crossville, TN
Member since Sep 2005
10454 posts
Posted on 8/25/22 at 12:09 pm to
quote:

that could and should be used to help students reduce their student loan debt. Isn't it amazing and infuriating the Americans who live in a fiscally responsible manner are always the ones tapped to pay for the reckless financial decisions of others?



So, just take the money from them?

I disagree with the bailout, but taking money that belongs to another is wrong also.
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 8/25/22 at 12:12 pm to
quote:


I disagree with the bailout, but taking money that belongs to another is wrong also.

I think the point is that the institutions that helped create the problem have the assets to assist in fixing the problem. Should their funds be taken by force? No. But from an ethics standpoint it would be nice if they chipped in.
Posted by Y.A. Tittle
Member since Sep 2003
101662 posts
Posted on 8/25/22 at 12:13 pm to
quote:

but taking money that belongs to another is wrong also.


So, basically, ALL TAXES?
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