ANSWERS: 5
-
I wouldn't be happy why would I want to be paying for some hippy to get an arts degree? I left school at 16 and paid taxes ever since.The self entitlement of Intellectuals never ceases to amaze me.
-
It would be cheaper than the billions of dollars used to prop up the Ukraine-Russian war.
-
Prior to the 20th century, universities were basically for the elite upper class to have a mental playground to try to advance technology. Around the late 19th century, as industrialization really took hold of society, universities became more accessible to the middle class and, at the same time, started making more rapid advancements. Throughout the 20th century, it became easier and easier for average people to go to university. Scholarships were founded by industrialist to offer poorer people with a sharp aptitude for technical thinking a way into university AND the promise of a good career afterward. In fact, by my generation, it was basically a foregone conclusion that you finished secondary school and either a) went to university or b) joined the military and learned a trade. So, we were basically told that we had to get good marks in school or else we'd be digging trenches in the jungle or whatever. But, shockingly, not everyone can be above average. So taking Joe Schmo, who scored C's in mathematics and got 50th percentile on college entrance exams, and placing him in an electrical engineering programme might not have a high rate of success. So, what do we do? Of course, the only logical thing to do is to offer students who are bright enough to get into university but too dim to get scholarships the chance to sign away their future for a student loan. Then, on top of that, get Laura Bush involved in the public education programme to stifle the brightest students in public schools, and then her husband in charge of the US economy such that US businesses that are not defense contractors are all struggling. Furthermore, have the older generation reinforce to kids that, if they get really good grades in school, they will have a super-easy life. Next thing you know, universities are full of poor students racking up large amounts of personal debt, who have been programmed to have a poor work ethic, think that they are way smarter than they really are, and have an average level of aptitude. Who's to blame? Trick question, no one person or group is to blame, the younger generation took the bait and messed up, but the elder generation made the bait look nicer than it really was, the government placed the bait in the best location, the banks designed the perfect trap to place the bait in, etc. It was a joint effort. So, should the government fix all of this mess? Well, I think that there are a shocking number of reasons why they should be involved. Personally, I don't think cancelling all student debt is going to solve a single large scale issue on its own, but, maybe as part of a larger set of reforms (I am saying "maybe" very deliberately here)... Otherwise, it's just throwing money at a problem without taking any time to try to understand the actual definition of the problem or any underlying root causes.
-
The only thing bad about that is they are taking the money away from people who never took out a loan to pay the loans of those who borrowed it in the first place. Very unfair, IMHO. 6/16/23
-
-
Linda Joyagreed
-
-
It's a great idea but where is the money coming from? I don't want to pay for it via my taxes going up.
-
-
Thinker
The billions of dollars the government has given to Ukraine did not come out of taxes but borrowed from the Federal Reserve Corporation however our taxes will supposedly pay back the loans which is impossible to do as the Federal Reserve Corporation is set up to fail the currency in use. It is a no win deal either way.
-
Copyright 2023, Wired Ivy, LLC