Yes, definitely the guy asking "what predatory behavior" in a discussion about student loans who holds the high ground.
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And getting govt. to forgive even a little bit of student loans will be a very very hard task, politically.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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The long term solution, in my opinion, comes from the other direction - going after some of the factors that have caused the cost explosion/decreasing of state funding. I'm open to opinions on the government role.
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Basically the govt. first encouraged companies to lend kids a ton of $, then started lending it directly, which fed tuition rises and people taking on more debt than they could afford. That policy needs to end.
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State funding is good. Govt. grants are OK but will push up tuition. Tuition caps are probably a bad idea. I favor increasing govt. grants for poor kids only, which will shift the tuition burden onto the rich.
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Simply getting the govt. out of the student lending business and switching to poor-kid-only grants will force colleges to reduce tuition, shift the burden onto rich kids, and hopefully prompt states to increase funding again.
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I can support that.
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Yayyyy!!! Agreement at last. OK time to go do something productive with my life (i.e. give treats to a rabbit)...
End of conversation
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