Good point. I think one perceived difference is that mortgage holders have a house, but college graduates don’t have an education. That doesn’t excuse, but maybe explains the different sentiments toward the two.
Student debt is too high for students. But #cancelmydebt is dangerous, because it signals: you do not have to pay what you owe. What happens when the mortgages come around? #cancelmymortgage?
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How about pay me back the $100k+ I paid so my son could start life with no debt, a huge sacrifice.
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No offense, Amity, but that is the plan, yes. It is already being discussed. Consumer debt, too
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1.5 trillion in debt compared to the overall earning potential of college graduates seems like a far cry from being too high...nobody gets a mortgage to pay for groceries. Living expenses are, taking a guess, 20% of the student debt owed.
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It's largely non education expenses driving the cost of college, enabled by guaranteed loans from the government.https://mises.org/wire/don%E2%80%99t-confuse-cost-college-cost-education …
Fin de la conversation
Nouvelle conversation -
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Most university admins are top heavy and need a major cull... as well as some of their departments & majors that aren’t producing enough value for their tuition costs.
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Le chargement semble prendre du temps.
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