re: Richard Lipsey dropping bombs on LSU leadership

quote:

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could argue they are retards for putting themselves in huge amounts of debt while getting a degree that won't make that money back.

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So people should forgo education simply because the system is corrupt? I’d take the hit on my credit for not paying back a student loan and graduating and getting a job that actually makes a living wage rather than barely getting by on at a minimum wage job because I have no education. The worst thing they do (generally) when people don’t pay their student loans is take their tax returns until it’s paid back. I know several people who they did that to and they are all living far better off because they got a degree than they would have if they hadn’t. And all they gave up was their tax refund for a few years. They didn’t even miss the money. I don’t know why this isn’t an automatic option for people to pay for their education. Could easily set it up on the W-2 form. Everyone gets something in that deal and since the money is automatically taken in every check, people don’t miss it. This would also keep people’s credit scores from taking a hit thusly they would be able to get financed for more purchases, (like cars and housing) further stimulating the economy.