MolaKule
Staff member
Originally Posted By: Dwight_Frye
I would be willing to bet that if you looked at the timeline for when a certain political party decided that everyone needed to go to college, taxpayers should subsidize below market loan percentages, and students should be given extremely liberal payback terms spread out over decades with the rapid rise in tuition costs you would see an obvious corollary. I.e. cheap money being available = greedy educators and administrators taking huge salary increases and setting up a system with the ridiculous tenure program where they were set for life and beyond, all on the taxpayer's dime. And those same college and university employees vote in a monolithic bloc for that same political party that steers money to them. And recently, we have had two major candidates of that political party run on even more largess directed to the colleges and university and tried to buy votes by promising to forgive loans that students were legally and contracturally obligated to pay back.
How about this for a revolutionary solution: Break the backs of the teacher's unions and other public employee unions and make them take pay cuts and lower tuition or be out of jobs.
The taxpayers would be happy I'm sure.
Why do people today think they deserve free rides? Because someone told them they do, people who would benefit from a free ride.
I had to find an institution that would lend me a student loan, and I had to pay it off myself, so why does anyone else think they should be forgiven a loan or a free ride?
I would be willing to bet that if you looked at the timeline for when a certain political party decided that everyone needed to go to college, taxpayers should subsidize below market loan percentages, and students should be given extremely liberal payback terms spread out over decades with the rapid rise in tuition costs you would see an obvious corollary. I.e. cheap money being available = greedy educators and administrators taking huge salary increases and setting up a system with the ridiculous tenure program where they were set for life and beyond, all on the taxpayer's dime. And those same college and university employees vote in a monolithic bloc for that same political party that steers money to them. And recently, we have had two major candidates of that political party run on even more largess directed to the colleges and university and tried to buy votes by promising to forgive loans that students were legally and contracturally obligated to pay back.
How about this for a revolutionary solution: Break the backs of the teacher's unions and other public employee unions and make them take pay cuts and lower tuition or be out of jobs.
The taxpayers would be happy I'm sure.
Why do people today think they deserve free rides? Because someone told them they do, people who would benefit from a free ride.
I had to find an institution that would lend me a student loan, and I had to pay it off myself, so why does anyone else think they should be forgiven a loan or a free ride?
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