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yes but you said > They're effectively a highly regressive tax imposed on kids based on the income of their parents. > entry fee is waived if you belong to th
by dominotw 4y ago
yes but you said
> They're effectively a highly regressive tax imposed on kids based on the income of their parents.
> entry fee is waived if you belong to the right family.
So i thought you agreed with that statement.
- lapcat 4y agoIt's simple: rich kids don't have to borrow for college, but millions of other kids do. Who exactly has to borrow and how much? Well, that's complicated and depends on many different factors. I'm not sure what your anecdote is supposed to disprove? Obviously people have to borrow for college, given $1.7 trillion in student loan debt.
- dominotw 4y ago> depends on many different factors > They're effectively a highly regressive tax imposed on kids based on the income of their parents. why is it just 'income of their parents' in your statement if there are 'many different factors'.
- lapcat 4y agoMe: Who exactly has to borrow and how much? Well, that's complicated and depends on many different factors. You: You are making it out as if its only either poor or rich get a free ride. Me: No. You can willfully misinterpret me, despite my own clarifications, but this goes against the HN guidelines. It should be needless to say, but kids don't have to borrow for college if their parents pay for it, right? So it's very dependent on a kid's family. This seems indisputable. I'm not trying to say anything surprising here, just the obvious. I'm done replying to you now. This conversation is not interesting and is going nowhere fast.
- deleted 4y ago[deleted]