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re: Cancelling student loan debt seems like an incredibly unfair policy (re: warren)

Posted on 6/17/19 at 10:40 am to
Posted by NIH
Member since Aug 2008
112768 posts
Posted on 6/17/19 at 10:40 am to
quote:

DON'T TAKE IT OUT IN THE FIRST PLACE!!!!



Then we need to overhaul the whole system. Tuition at Louisiana state schools without TOPS (which will be gone within a decade) is skyrocketing. Not many people are going to be able to afford tuition and fees and rent and what not without taking out loans. We need to get the government out of the lending business so schools cannot keep jacking up the prices. That or we put them on the hook for debt.
Posted by parrothead
big salty ham
Member since Mar 2010
4462 posts
Posted on 6/17/19 at 3:40 pm to
quote:

We need to get the government out of the lending business so schools cannot keep jacking up the prices. That or we put them on the hook for debt.


This is my biggest issue with student loans. Skyrocketing cost of a 4 year degree are getting out of hand. When tuition for an accounting or engineering degree soars past average starting salaries in those fields then something besides “oh well don’t take out loans.” Sure, there is a contingency of people who should have gone to trade school but conversely there are people that have no business picking up a welding torch.
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