CaneFan79
Senior
- Joined
- Dec 29, 2013
- Messages
- 4,862
A certain party basically stopped educational grants in alliance with Financial Institutions so that the banks profit from American kids getting higher degrees.
1. Make you pre pay into their finance options
2. Take out loans that Dept of Ed enforce for private institutions
3. Saddle millions of young adults with a 50k + debt before they ever begin a meaningful career
- All facts I'm sure many young adults and parents here can testify to.
Sadly those countries that offer free or debt free education have surpassed us in education statistics. When I went to college the Pell Grant took care of all expenses except housing and meals. It was like being on scholarship minus free room and board. It was an investment into education of its citizens that benefited workforce, companies, technology, innovations and increased earnings for investments and entrepreneurial ventures.
Sorry to burst your political bubble:
https://www.forbes.com/sites/pascalemmanuelgobry/2013/05/09/the-reason-why-college-is-so-expensive-is-actually-dead-obvious/#f5c936747f7c
"He quotes a college lobbyist quoting a study saying: "the regression models found no associations between most of the aid packaging variables (federal grants, state grants, and loans) and changes in tuition in either the public or private not-for-profit sectors."
https://berniesanders.com/issues/its-time-to-make-college-tuition-free-and-debt-free/
So when is Bernie going to make the Ivy League tuition free? You know, give an opportunity for the unwashed masses to join Yale's Skull and Bones (John Kerry) and Scroll and Key (Fareed Zakaria) and rub elbows with the Kennedy's at Harvard? Keep asking for your crumbs from the political elites.