Reply to Concerns That New Department of Education Earnings Test Could Undermine Arts, Public Service Degree Programs

Forum Index » College and University Discussion

Reply to "Concerns That New Department of Education Earnings Test Could Undermine Arts, Public Service Degree Programs"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is crazy.  We had an awesome student loan program with almost zero defaults.  We should not have changed a thing.[/quote]

I am not sure if you are sarcastic or truly not aware. Here is a pretty good article from the Motley Fool (funny name, serious topics) - https://www.fool.com/research/student-loan-debt-statistics/?msockid=107a8323f45165f2061e9783f5f96456
Here is another one - https://thecollegeinvestor.com/39673/does-the-government-profit-off-of-student-loans/

Can you think of any business that can sustain up to 20% loss each time they sell something? I can agree with government breaking even on the loans, but losing money every year requires action. Best not to provide loans to customers who are at a high risk of not paying back in the first place. [/quote]

The government isn't a business! It's a mechanism for society to maintain and advance itself. Education should be free, because why would we want to live in an uneducated society? Arts education should be free, because why would we want to live in a society where few people make art because most people can't afford to do it? What kind of life do we want for ourselves? [/quote]

You are about to describe socialism. Not a single socialist regime proved to be a long term viable system. Not sure what to call what China has right now. Socialist authoritarianism? Not saying that pure capitalism is all that great either.

Nothing should be free. Free invites waste. Also, nothing is free anyway. Public schools are not free - taxes pay for them, etc, etc. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics