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caroljsroth's profile
Carol Roth
Carol Roth
Carol Roth
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@caroljsroth

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Carol RothVerified account

@caroljsroth

Entrepreneur/Play Myself on TV. Prod-Future File (http://FutureFile.com ); Pod-The Roth Effect; Small Biz Advocate; $2Billion+ deals; Have My Own Action Figure

Chicago & Airplanes
carolroth.com
Joined March 2010

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    Carol Roth‏Verified account @caroljsroth 22 Apr 2019

    Thread/ Progressive Dems like Elizabeth Warren and Bernie Sanders seek to gain power and buy votes by addressing symptoms, not root causes of problems. The problem with college debt is several-fold. Colleges are “selling” educations that are more expensive than they are worth.

    7:54 AM - 22 Apr 2019
    • 556 Retweets
    • 1,457 Likes
    • dyke Truth 💣Cal Watts ✈️ Frank Barnett Quincy Zikmund Steve Dziemian JTisthetruth Antoine Gordon Aaron Huenink
    118 replies 556 retweets 1,457 likes
      1. New conversation
      2. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        If people received jobs that validated the costs of those educations, they’d be able to pay it back with no problem. Also, students and their parents are not understanding return on investment of education and taking out far too much debt via the product’s worth.

        19 replies 82 retweets 547 likes
        Show this thread
      3. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        This is made worse by the government being willing to lend with no direct criteria (for example, loaning more for an engineering degree vs. a social work degree).

        12 replies 55 retweets 421 likes
        Show this thread
      4. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        Forgiving college debt on the tax payer’s dime does not address these problems and shirks personal responsibility, transferring it to other people. If there should be any responsibility transfer, it is to the colleges.

        28 replies 126 retweets 596 likes
        Show this thread
      5. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        Let the colleges forgive the loans, since they sold ones that didn’t generate an ROI.

        14 replies 93 retweets 457 likes
        Show this thread
      6. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        Then, get the government out of the lending game, make colleges have skin in the game, increase education and transparency on ROI of education debt and debt in general and allow loans to be tied to relevant factors (GPAs, degrees, etc.).

        14 replies 88 retweets 531 likes
        Show this thread
      7. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        The same goes for healthcare. We need to address the cost of healthcare, not just try to make it “free”, which we know will ultimately bloat costs and decrease quality.

        12 replies 59 retweets 360 likes
        Show this thread
      8. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        Here’s a quick quiz. How much do you think it costs for the following procedures on average? Lasik surgery? Breast augmentation? Knee replacement?

        5 replies 37 retweets 161 likes
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      9. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        Lasik-Less than $2k an eye Boob job-$3700 (less than $2k a boob) Knee replacement-$49,500 per knee (around $100k for both knees) Guess which is covered by health insurance and which aren’t? Allowing for competition, transparency and having the recipient pay brings costs down

        20 replies 120 retweets 396 likes
        Show this thread
      10. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        We need to be addressing root causes of problems to find solutions, not throwing money at symptoms. Someone who is such a "policy wonk" as Warren claims to be should understand that. Grandpa Commie of course doesn't care to understand that- it's not part of his grift.

        5 replies 48 retweets 268 likes
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      11. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        And this is not just an indictment of Dems. The GOP has dropped the ball and not been able to put a simple healthcare plan forward that could pass Congress in a decade, during which time they have bitched and whined incessantly. It’s an embarrassment for them.

        9 replies 61 retweets 336 likes
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      12. Carol Roth‏Verified account @caroljsroth 22 Apr 2019

        At the end of the day, we don’t need bad solutions; we need free market solutions. Competition and transparency brings prices down and quality up. Interference with those forces drives prices up and quality down.

        34 replies 72 retweets 406 likes
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      13. End of conversation

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