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Student Debt Is Not the Problem. The Higher
Education Cartel Is.

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Posted By: PageTurner, 9/19/2022 7:44:18 AM

To the extent he thinks about it, Joe Biden is probably expecting to be canonized by millennials whose student-loan debt he’s paring down. Depending on how the question is asked, though, the move is not popular. In a Trafalgar Group poll released on September 12, more than half of likely voters – 55.6 percent – and 64.6 percent of self-described independents said that they’d be “less likely” to cast their ballot for someone who backed the Biden debt relief plan. Other polls have shown the opposite sentiment. In truth, however, the issue of student-loan forgiveness is a distraction from the real problem in higher education.

Comments:

Another thing President Trump or President DeSantis is going to need to hose out in 2024.

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Reply 1 - Posted by: Venturer 9/19/2022 8:23:45 AM (No. 1281734)
Nothing will ever be done to expose the fact that College tuition is just legal theft. There is no way tuition needs to be so expensive.
10 people like this.

Reply 2 - Posted by: Rumblehog 9/19/2022 8:35:37 AM (No. 1281744)
Spot on article. The Federal Government and Higher Education Mafia keeps them lined up taking out loans they can't repay as they "seek a better future." First lesson in life, you don't spend your way to wealth and happiness. Not mentioned in the article is the University Textbook Publications Mafia. The prices of textbooks is outrageous. I recall paying $30 for a textbook in my day (Reagan era), and now they're well over $400, for just one class, and sometimes there's two books for one course, sometimes written by the instructor! It's like paying for a cruise only to find that the ship is owned by the Church of Scientology, and while at sea it's nothing but non-stop "indoctrination" and sales pitches for products they own. Get the Federal Government OUT of education!
7 people like this.

Reply 3 - Posted by: paral04 9/19/2022 9:00:52 AM (No. 1281769)
This is exactly what I have been thinking all along. Student Loans made it too easy to get into college and created a huge demand for attendance. Naturally, the universities upped the ante, gave themselves big raises and have student teachers doing their jobs. Cut these loans out and lower tuitions in state run schools limiting out-of-state admissions to 10%.
3 people like this.

Reply 4 - Posted by: nwcudagal 9/19/2022 9:08:43 AM (No. 1281774)
The problem as I see it is that a "college education" has become a right when college isn't for everyone. I've known so many people who went to college, burned through their Pell grants, then dropped out. I never went to college, but held jobs that required a degree. I considered myself successful, but never surpassed my husband in earnings; but then he was a Teamster during most of his career. Go figure.
0 people like this.

Reply 5 - Posted by: Sorosisbehindit 9/19/2022 9:16:12 AM (No. 1281780)
Like foreign aid, this is just another scheme to move wealth from all taxpayers to their loyal subjects.
2 people like this.

Reply 6 - Posted by: MDConservative 9/19/2022 10:39:02 AM (No. 1281851)
Education is an industry that thrives on public funds given either directly or indirectly. Universities and colleges have sold themselves for years as tickets to riches. Today, what does a barista with a masters degree in whatever earn? American youth have largely turned away from manual labor and the trades. They're too hard, and require a level of knowledge and discipline too few are willing to assume. Males, particularly white males, are doing a Galt. In the meantime, let's fret over who wins women's swimming medals. Our sons and grandsons can fend for themselves versus the many advantages afforded everyone but straight, white males - in education, professional training, and advancement opportunity. When do these get some "affirmative action" in fields such as teaching, nursing and veterinary medicine?
2 people like this.

Reply 7 - Posted by: smokincol 9/19/2022 1:26:03 PM (No. 1281998)
" ... The Higher Education Cartel ... " = pinning the tail on the donkey very well defined - I just wish the many, many people who think a "college" education will get them a hundred thousand K per year out of the box will just re-think their options unless they take or took a course taught by Jordan Peterson, then your "college" education is worth something
0 people like this.

Reply 8 - Posted by: LadyVet 9/19/2022 2:12:23 PM (No. 1282041)
#5, it is such a scam, that the DEI officers are actually recruiting Nigerian princes.
0 people like this.

Reply 9 - Posted by: Faithfully 9/20/2022 9:30:26 PM (No. 1283285)
In my day, companies hired University educated men who knew their stuff. Today, all the where to for you need to know is online. I studied art and advertising. Companies no longer need educated people in advertising as they do their own on laptops at a miniscule of the cost. Unless your son or daughter is learning a trade or STEM they are up that creek without a paddle.
0 people like this.

Reply 10 - Posted by: Faithfully 9/20/2022 9:33:28 PM (No. 1283287)
^ Unless they go into politics.
0 people like this.

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To the extent he thinks about it, Joe Biden is probably expecting to be canonized by millennials whose student-loan debt he’s paring down. Depending on how the question is asked, though, the move is not popular. In a Trafalgar Group poll released on September 12, more than half of likely voters – 55.6 percent – and 64.6 percent of self-described independents said that they’d be “less likely” to cast their ballot for someone who backed the Biden debt relief plan. Other polls have shown the opposite sentiment. In truth, however, the issue of student-loan forgiveness is a distraction from the real problem in higher education.
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