Did Gov't Create The Student Debt Crisis?

What are your agreements and disagreements with this?

 

Of course they did by abolishing the student grant system and then tripling the cost of university tuition fees overnight !!!

 

Both of our daughters suffered as a result, but it had to be weighed up against the number of students who spent 3 or more years propping up a stool at the union bar, ending up with a worthless degree due to the fall in average standards.
I still remember the guy who then went on unemployed and claiming benefits for 7 years, because no one would offer him an eye watering salary to work as a poet.

 

It's a rip-off.

 

Of course they did. Higher education is how you make good American citizens; i.e., lifetime indentured servants to the banks.

 

actually "the government" created the community college system as a (tuition) free alternative to university,
but then "conservatives" came along, who can never stand to see anyone enjoying anything without having to indenture themselves.

 

private lenders and the "free" market did. but then i guess i already said that.

t'was a time, when was born, the a car was something an ordinary person could pay cash for and own outright, instead of only the banks can afford that and people have to indenture themselves to the bank for one. for a house, the year i was born, $25 down and $25 a month would buy you a 3 bedroom house, with a big kitchen, a bath and a half, and a full basement.
that was before the love cannelle was dug, which is where that turned out to be, at any rate this was when $450 a month was an average middle class income, and my mom's 7 day stay in the hospital when i was born, including doctors, medication, per diem and everything, was a wapping total of $99.

i never have or did take out a student loan. when i matriculated at u.n.r., uni of nevada reno, if you lived in the state of nevada for 6 months, you had an in state residency, and tuition was free.
there was still a $20 per unit, your books and materials you were on your own for, and i think a health card fee of $10. i never completed that degree, but later when the community college system was created, as i mentioned, that was created origeonally as a tuition free two year alternative to 4 year university, which could be continued at one for a four year degree. this was back in the mid 70 to late 70s, possibly early 80s, when the community college system was created. and again it didn't have to take out a loan to take classes there. and meals were at the campus chow hall was like a buck. never did stay at on campus housing though. always had an off campus apartment or a quad, which is/was four units sharing a kitchen with seperate refrigerators and bath.

the only car i ever bought with a loan was at 5% interest from the fedral employees credit union when i was in the air force, which paid a 4% so the net interest on the loan was actually 1%.
every other vehicle i've ever owned was an old clunker truck, panel, or compact wagon, that ran well, that i paid cash for when i had the chance.

one reason everything, including taxes, including gormet dining at hamburger prices, in the state of nevada in the 70s was that gamboling was illegal in california, so everybody had to come up here to do that, and the taxes on the casinos pretty much paid for the biggest part of almost everything. that's been history now since california legalized gamin on the rez.

so anyone who tries to claim the government created this problem, other then by allowing private lenders to game the system, has it completely ass backwards, and is lying through their teeth.

 

A government that everyone calls evil and that is so enlightened a quarter of their population still insists the sun revolves around the earth, is never to be trusted.

 

still putting the cart before the horse. it is because of a population that culturally chooses ignorance, that makes a government evil.
because tyranny is the statistical sum of aggressive inconsiderateness, regardless of ideology, form of government, economics or belief.

granted the combination of personal greed and fanatical belief typically motivates this.
a person need not be successful at their greed, nor vocally fanatical, nor a member of any particular ethnicity.
and there are those who are vocally fanatical about their ideologies who are just as much so.

i know that trouble with such sayings as they can be take as their 180 opposite.
but the extreme 'right' not 'left' can be pointed at unambiguously in this regard.

they use the excuse of 'small government' when what they really mean, is screw everyone who isn't themselves.

 

This problem is relevant only to our country. My friends from Europe said that their education is available. Our state has made education inaccessible to ordinary people. Of course, rich people have no problem paying 100 thousand dollars for education. But what about parents who already have 2-3 loans. I also faced a similar problem, I had 3 loans, and my friend recommended I contact them https://www.yhdistalaina.com/velkojen-yhdistaminen/,they consolidated all my loans into one, and I paid less interest.