Reply to Canceling $10k of student loan debt is stupid.

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Reply to "Canceling $10k of student loan debt is stupid."

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[quote=Anonymous][quote=Anonymous]Our society is structured to keep the masses struggling with financial insecurity. There are not a lot of great jobs for people without a college education. So in order to get the education, the price of it was raised until most people go into debt. Who does that debt benefit?  Really think about that.[/quote]

This is BS. Most jobs in the US do not require a college degree. The price of college increased because the government made it a point to make student loans easier to get. The school my kid goes to hired Sean Kingston to celebrate the start of a new school year. That's where the tuition dollars are going. The debit benefits the colleges - that's why they have been on a building/improvement boom for the past two decades. The clear solution to this is to simply stop government funding of college loans. Let the private sector underwrite those loans - backed by the future earning potential of the students after they graduate. That'll make someone think twice about taking on loan debt that they can't justify. [/quote]

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