It was the student loan programs that caused college tuition to get out of hand to begin with. Before the government "guaranteed" payment, tuition at Harvard was about $1,000.
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180 opposite you on this issue, Mike. Sorry. Bailing out malinvestment is never ok with me. I built a great career in tech as an autodidact. I'm not taking the shaft for millennials majoring in Genderqueer Indigenous Peoples Studies.
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im over the faux-conservatives who mooch of their parents talking about "if you can't afford it don't go". im graduating 2nd in my class w a 3.9 GPA + im expecting a ton of debt bc my parents are broke. is my hard work in vain bc i wasnt lucky enough to be born to wealthy people?
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the typos are atrocious but you get what im saying. soon, retail and food service will require degrees. working class jobs are dying.
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I was brainwashed in the AVID program in HS that I needed to get a college degree no matter what. I was really young and did not understand the loans I was taking out. I wish I would have never gone to college and just worked my way up in one of my jobs along the way. Oh well.
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I think it is necessary to end the madness of perpetual student debt, but it must also come with the government getting out of education loans/grants/regulations. Make universities subject to the pressures and demands of the market - they'll be forced to provide value or die off
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Agreed Mike. Many are eager to shame Americans who were led to believe that a college degree meant something while having nothing. A significant amount of middle class people are being held back due to that debt.
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I disagree with student loan bankruptcy- you can get a student loan to live off of and take just a few classes online. Student loans cover more than tuition.
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Also this will not be a one time thing and in no way corrects the over inflated cost of tuition. It will encourage people keep taking out loans for degrees that hold little value.
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I never finished middle school so I don’t know what your talking about
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AIRBORNE, ALL THE WAY!
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Is “suppose” the combination of “support” and “oppose”?
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I agree with bankruptcy.
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To either you or the person in your family that served, thank you for your service
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Smart way to save and serve. Thanks Mike for your service to our great nation. I'll bet you were a better student after the lessons learned in the service as well.
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We could start with just canceling the debt of people who did not complete their college degrees, and make their universities reimburse the banks -though the banks should lose future interest. The universities allow these people to continue taking classes knowing they will fail
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Bankruptcy will create a bit of incentive for lenders to pick good students/borrowers. STEM type stuff during the day and liberal arts fun at night. Both in college and the real world.
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