The larger % of the federal budget we devote to giving money to people who are not poor, the more we end up with a government that just charges us taxes to give those taxes back to us & pretend it's a gift.pic.twitter.com/8BVCahpIM9
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The last part, which is precisely because of all the free money that is being thrown at the Universities in the presence of loans. There's zero incentive for Universities to reign in costs.
0 incentive on cost, 0 incentive on accepting those that are prepared and likely to succeed in the program, 0 incentive to focus on programs that prepare the student with marketable skill & knowledge.
Plus zero attention by lenders to Ability-to-Repay.
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