06-24-2019, 08:51 PM
(06-24-2019, 05:04 PM)Goalpost Wrote: This is Bernie's plan/idea
https://www.businessinsider.com/bernie-sanders-student-debt-forgiveness-wall-street-tax
Where is the correlation that Wall Street was responsible for this mess. Aren't the universities and students the main actors here? It is estimated that student loans and costs have risen more than even the dreaded health care system over the last couple of decades.
Bernie says everyone has a right to go to college. Not sure college is for everyone though. If you flunk out of high school do you get free college regardless? It is estimated that free college might benefit higher income families more, hence there is a faulty premise of the effect.
No. Now, Wall Street isn't to blame for this mess, at least not entirely, and I wouldn't even say mostly. Who is to blame? Government. At both the federal and state levels there has been a maelstrom of policies that have caused higher education to be more highly valued by the federal government and caused society to view it as a requirement for progress, and a devaluation in the state houses to the point where public higher education funding has been on the decline.
The long and short of it is that there are a ton of different variables that have led to the current situation we are in. Students, institutions, state legislatures, Congress, ED, employers, parents, the overall economy, these are all places at which fingers can be pointed. The students, though, share the least amount of blame of those groups.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
