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Having the government step in and pick up the tab isn't as ridiculous as you think. The majority cost increase (65%)[1] of higher education in the US over the l
by wmeredith 9y ago
Having the government step in and pick up the tab isn't as ridiculous as you think. The majority cost increase (65%)[1] of higher education in the US over the last couple decades is due to a systematic defunding of government support for schools. It would be nice if we started investing in our country's education again.
[1]2015 Study by the New York Federal Reserve - https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf https://www.newyorkfed.org/medialibrary/media/research/staff...
- goialoq 9y agoHow about the government lets the banks pick up the tab? Why should taxpayers bail out (wealthy, educated, intelligent) bankers who made bad loans?
- undersuit 9y agoMaybe it should be a problem for both the banks and the government. The banks have undoubtedly mixed in the student loans with the rest of their portfolios which back the returns of numerous investment and retirement accounts held by US citizens. Why shouldn't Americans bail out Americans for the collective decisions of Americans?