3 ms·
> College tuition just needs to be paid for by the state without the lending facilities, IMO. No way. That just means the taxpayer gets defrauded rather than
by epicureanideal 6y ago
> College tuition just needs to be paid for by the state without the lending facilities, IMO.
No way. That just means the taxpayer gets defrauded rather than the student, and the "school" still gets their money. It encourages the further growth of fraud.
The government should not guarantee loans for universities and programs of study that do not have a track record of financial benefit for the students.
- mewse 6y agoCan you be more specific about what “fraud” you’re saying the taxpayer is falling victim to in this scenario?
- arcticbull 6y ago> No way. That just means the taxpayer gets defrauded rather than the student, and the "school" still gets their money. It encourages the further growth of fraud. That's literally what just happened now. The department of education is eating the loans. I may have misunderstood but is that not what the article is about?
- ShroudedNight 6y ago> That just means the taxpayer gets defrauded rather than the student The collective of taxpayers has a far larger collection of sticks than individual students.