The problem with the idea that everyone should go to college is the same as the problem with the idea of everyone should be a homeowner in 2017. We make it *possible* for everyone, measure enrollment/ownership, but individuals are left to deal with the consequences individually.
-
Show this thread
-
It’s actually not in people’s best interest to make sure they can get loans they’re likely to not be able to pay back, even if those loans enable something that is good.
3 replies 1 retweet 19 likesShow this thread -
We enable it under faulty assumptions: that home prices always go up and that a college education always provides a better career. Both of those assumptions, we now know, are objectively false.
2 replies 4 retweets 43 likesShow this thread
And behind the scenes making sure that literally 100% of people qualify for loans for x does nothing more than make the price of x skyrocket, effectively screwing the people we wanted to help.
1 reply
1 retweet
43 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.