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re: More Young People Living With Their Parents Than In The Great Depression, Report Says

Posted on 9/4/20 at 7:28 pm to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 9/4/20 at 7:28 pm to
Government backed student loans were a bad idea that helped cascade tuition prices out of control and create a bonafide crisis.

Once again, something our government does to level the playing field that sounds good on paper carries unexpected consequences, and now people graduating school are saddled with debt that forces them to put just about everything on hold until they can get out from under it.
This post was edited on 9/4/20 at 7:30 pm
Posted by theronswanson
House built with my hands
Member since Feb 2012
2976 posts
Posted on 9/6/20 at 8:35 am to
quote:

Government backed student loans were a bad idea that helped cascade tuition prices out of control and create a bonafide crisis.


A system created by *drumroll* boomers!
Posted by Capstone2017
I love lead paint- PokeyTiger
Member since Dec 2013
2235 posts
Posted on 9/7/20 at 6:49 pm to
I would blame the college administrators more than anyone. They are the main cause of all the "needed expenses" they don't all need to make more than 250k to pretty much do nothing. The great thing about covid is will cut a lot of those worthless pos out.
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