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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For those concerned about costs, if it's such a concern why don't you want more funding for education then, or demand that government regulate college costs? I'm concerned about costs, too, and would love for the government to regulate it, both in higher ed and in healthcare.  I'd love to see Rs and Ds come together on that.  But, would Rs push for it? I'm thinking not. They'd rather just complain about the "liberal elite", which is laughable considering how the GOP elite send their kids to "liberal elite" colleges.  Where did Kushner go again to college, or the Trumps?  Where will the Kushners and Trumps send their children to college? Not Liberty U I'm guessing.[/quote]

The government caused the costs to skyrocket, with the loans to everyone for everything. I'm not convinced I want the government attempting to provide a solution to a problem it created. Good intentions, and all that.[/quote]
[b]? The government caused the lending issue?  Did the government cause the lending issues in the housing bubble, or did that happen because "market forces" and unscrupulous lenders took advantaged of an unregulated industry?
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I bet you are glad government regulates your utility costs, though.[/quote]

You weren't alive when this happened? Of course the government was responsible. George Bush pushed hard for the concept of home ownership, especially among blacks and other minorities, to create a culture of ownership. It sounded really good at the time. Alan Greenspan admitted that it was a mistake to inject so much money by holding interest rates so low. The private sector would not have written so many loans if Fannie Mae and Freddie Mac weren't so ready and eager to buy up those mortgages, which were then sold off to private investors in MBS - essentially guaranteed by the full faith and credit of the US government. 
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So you agree that we need more regulation, right?  You really think that a free market with no government oversight wouldn't cheat people?  I was alive during the worldcom and enron scandals where many people lost their life savings.  This lead to more regulations to prevent unscrupulous business people from cheating the public. Yes what does R and Trump want? Less regulation so this kind of thing can happen again.

And look at what Trump/DeVos just did with regards to loans and aid to for profit universities.  I don't see Trump trying to curtail abuses. More like he's a huge perpetrator of them, a la Trump U.[/quote]

Uh, did you read what I wrote? Government intervention is what lead to the financial crisis. They injected too much money into the economy in the form of cheap loans, and implicitly backed mortgages by the government. Adding regulation on top of this is counter intuitive. If eating something makes you sick, the solution is to stop eating the thing, not to eat something else to counter it while continuing to eat the thing. This is my last reply in this little sub discussion, I don't think you are making an effort to engage in a serious manner. [/quote]
You are correct. I can't engage with you either if you think that the answer is to stay dumb and don't go to college.[/quote]

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