09-08-2015, 04:38 PM
(09-08-2015, 03:51 PM)jakefromstatefarm Wrote: I think for one, if government is going to be in the student loan business, they should act like any other entity and determine whether they're making a sound investment.
Not everyone is college material. The fact that government is involved with grants and financial aid and everyone likes the idea of being a college grad, creates situations where fly by night colleges pop up that aren't very good higher learning centers. They are basically opportunists that are taking advantage of people who aren't good enough to get into a real school but like the idea of being a college grad...and of course taking advantage of government money like grants, financial aid, and the GI Bill.
I'm not saying to get rid of those programs, but I think it's naive to let it continue where so many of these people graduate from these "colleges" and are often saddled with debt, unemployed or underemployed, and a lot of times their degrees aren't worth the paper they're printed on.
Well, even I can not deny that the injection of federally backed money into college education has maminly led to bloated prices with inflation rates twice that of the rest of the economy.
But we have to do all we can to advance education because the entire country benefits from a more educated work force.
My suggestion would be a slight reform. I would focus the government back loans and grants into math, business, and sciences. We need to do something to get more people in college becoming productive.
Also subsidize vocational schools more on both the high school and community college level.
