A fair point, but I'm personally more interested in the destination, at least most of the time. I did make several friends in college, although we live in different parts of the country/world now. Still, we could cut way back on student debt if we encouraged more people to go into the trades. We're hurting for good workers, and job security for someone who actually tries is all but assured.
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Higher Education in 2020 (1 Viewer)
- Thread starter jm192
- Start date
CletiusMaximus
Footballguy
The government should support state universities directly, to help them limit tuition and provide loan and grant programs based on need and merit. Student debt can come from the university if that works, or from private lenders, just like any other consumer debt, but it should be underwritten like any other loan. If a parent wants to co-sign, as they do for leases and other obligations, that will likely open the lender pool up somewhat. If they can pledge collateral, that's better still, just like any other debt. I think this will all work to bring tuition down and introduce some sanity to the public higher education system.
JAA
Footballguy
Doesn’t that benefit those who have more wealth than those who have less wealth?
I like the idea of the govt involved as it should be equal across the lending board regardless of how financially stable your parents are. Isn’t that the point of lending? When you need it?
This would end up looking like the housing bubble if we let capitalism manage the lending, don’t you think?
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