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> let's extend that even further in the collegiate system. The government runs the collegiate tuition systems through a guaranteed student loan program. What

> let's extend that even further in the collegiate system. The government runs the collegiate tuition systems through a guaranteed student loan program. What the government didn’t do is regulate the universities and say if you accept students with federal loans then there is a mandatory cap on your tuition prices, instead the government said charge the students what ever you want wink wink and we will give them the loan. Unfortunately this has runaway to a $1.5T national student loan debt, and debt that will follow students around for the rest of their lives if they are lucky enough to keep up with payments. However, 1M student loan holders per year weren’t able to keep up, and that was prepandemic, since the pandemic the numbers of student loan defaults have been manipulated through policy (including the various stimulus bills) as well as just failing to report the loan defaults. If you don’t want government involved in university monetary/fiscal issues then you more than anyone should want to reform the current system of pay to play with guaranteed student loans.

quantumBerry 5y ago
>If you don’t want government involved in university monetary/fiscal issues then you more than anyone should want to reform the current system of pay to play with guaranteed student loans. Agreed, I am not a proponent of government guaranteed student loans and you're 100% correct they are an example of government gone wrong at the expense of both the student and taxpayer.
- throwawaycities 5y ago
  You are not in favor of publicly funded k-12, you don’t want to extend free education to colleges…you don’t want student loans for college (I agree), and you have expressed the personal difficulty and expense of paying for a private education for your kid. You obviously value education or your wouldn’t pay the private tuition for your kid…but it sounds like you are advocating for no tax funded (public) education for k-12 because it is a bad ROI, which would leave only private educations which are a financial burden to you and probably out of the realm of possibilities for most families.
  - quantumBerry 5y ago
    I didn't say that tax funded education _must_ be bad ROI. I gave an example of several nations that have significantly better ROI such as Germany and Finland. I did say I think we need to get our fiscal responsibility in education figured out before we move on past K-12. I think this desire to reign in spending to make sure we find a way to do it effectively holds regardless of one's belief in which particular education we are thinking about funding. You wouldn't start throwing more money at a problem until you understand what is going wrong and have a suitable plan to fix and and witness the managers of the money are acting accordingly. The main reason education is so expensive for a toddler is because of government intervention, such as childcare ratios and regulations regarding the facilities and licensing. If I lived in Idaho (the only state in the nation which has no such government regulation) it would be significantly cheaper.
ZoomerCretin 5y ago
It is not the federal government but the _states_ that are responsible for the massive increase in student loan debt. They have historically had agreements with universities to cap tuition hikes in exchange for funding. In the past few decades, they passed bone-headed “Balanced Budget” amendments to their constitutions which force them to make drastic cuts to education whenever there’s a recession or the majority party decides tax cuts have more value than the working class getting an affordable college degree. The first round of cuts were passed with tuition hike cap repeals.
deleted 5y ago
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quantumBerry 5y ago

>If you don’t want government involved in university monetary/fiscal issues then you more than anyone should want to reform the current system of pay to play with guaranteed student loans. Agreed, I am not a proponent of government guaranteed student loans and you're 100% correct they are an example of government gone wrong at the expense of both the student and taxpayer.

throwawaycities 5y ago
You are not in favor of publicly funded k-12, you don’t want to extend free education to colleges…you don’t want student loans for college (I agree), and you have expressed the personal difficulty and expense of paying for a private education for your kid. You obviously value education or your wouldn’t pay the private tuition for your kid…but it sounds like you are advocating for no tax funded (public) education for k-12 because it is a bad ROI, which would leave only private educations which are a financial burden to you and probably out of the realm of possibilities for most families.
- quantumBerry 5y ago
  I didn't say that tax funded education _must_ be bad ROI. I gave an example of several nations that have significantly better ROI such as Germany and Finland. I did say I think we need to get our fiscal responsibility in education figured out before we move on past K-12. I think this desire to reign in spending to make sure we find a way to do it effectively holds regardless of one's belief in which particular education we are thinking about funding. You wouldn't start throwing more money at a problem until you understand what is going wrong and have a suitable plan to fix and and witness the managers of the money are acting accordingly. The main reason education is so expensive for a toddler is because of government intervention, such as childcare ratios and regulations regarding the facilities and licensing. If I lived in Idaho (the only state in the nation which has no such government regulation) it would be significantly cheaper.

ZoomerCretin 5y ago

It is not the federal government but the _states_ that are responsible for the massive increase in student loan debt. They have historically had agreements with universities to cap tuition hikes in exchange for funding. In the past few decades, they passed bone-headed “Balanced Budget” amendments to their constitutions which force them to make drastic cuts to education whenever there’s a recession or the majority party decides tax cuts have more value than the working class getting an affordable college degree. The first round of cuts were passed with tuition hike cap repeals.

deleted 5y ago

[deleted]