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It's more than just pandering to millenials. This is also about pandering to Academia. Depending on how the student loan bubble bursts, it could wind up with a
by to11mtm 7y ago
It's more than just pandering to millenials. This is also about pandering to Academia.
Depending on how the student loan bubble bursts, it could wind up with a number of institutions being forced to shut their doors, or make large cuts to staff/programs/etc.
- jstewartmobile 7y agoDefinitely a factor. Not just a coincidence that Warren was a professor, Sanders' wife was a college administrator, Buttigieg's dad is a professor...
- sjg007 7y agoStudent loans are basically a variable tax to attend college. There should be a relief valve of pay like 10% extra in taxes until the principal is paid off. People paying interest on the loans can get a tax deduction for the interest as well (it actually makes no sense to have interest on the loans because that interest is going back to the Feds in 90% of cases).
- jstewartmobile 7y agofederally subsidized student loans shouldn't exist. supply and demand--they are the reason college has gotten so expensive in the first place. in the old days, people could pay tuition with a part-time job.