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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I worked through college and grad/law school.  I borrowed over $100,000 in loans.  I didn’t go abroad either and I still support bringing some loan forgiveness and sanity to the issue of funding college.  All of that debt made it really hard for me to start out.  I was living in group houses in my early 30’s to save money.  After I got married and we bought a house, we really benefitted from the fact that my husband had no school debt.  His parents were able to pay for his schooling.  We had more for a down payment because he didn’t have a student loan payment.  My friends who are realtors have commented on how many of their younger home buyers have family money and no other debt so they can purchase fairly expensive homes because they have a big downpayment.  They didn’t earn family wealth, someone else did and they simply won the family lottery.  A lottery I might add that our tax system not only encourages but makes the rest of us pay for (the tax system favors people who have investment income versus wage income).  I don’t support wiping away all college debt and I don’t think we should pay for everyone to go to whatever school they want.  I do believe that we need to make higher ed more accessible because right now it is skewed to helping those born to affluence maintain their affluence rather than provide opportunities to less affluent, working class, or low income students.  I am acutely aware that while I have done really well so many of my family and friends from childhood who worked as hard or harder than me haven’t.  Making education truly more affordable and accessible is something that needs to be done and that will benefit society as a whole.[/quote]
A voice of intelligence, sanity and empathy. Thank you for sharing your perspective and for having the emotional intelligence to understand how lucky you are and that the system is rigged.[/quote]

School tuition has only gone up as a result of government loan availability.  Now the assumption is that you will just borrow.  The cost of tuition has skyrocketed.  Schools need to cut salaries.  Schools need to rein in the posh condo like dorms.  It is all paid for with excessive loans made possible via government intervention and the basic assumption that people will borrow massive amounts.  Paying off loans will help the borrowers but not stop the problem which is a higher Ed system structured in tuition rates that have risen above true market level because of money from the government.  [/quote]

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