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They can only get away with this crap due to government subsidized student loans. Remove the artificial inflation of cheap government money and this crap would

by EricE 4y ago

They can only get away with this crap due to government subsidized student loans. Remove the artificial inflation of cheap government money and this crap would self-correct overnight. Even better - make colleges guarantee loans. If people can't get a job after 2 years of graduation make the schools start making the loan payments until they do get a job. BS degrees would dry up overnight too.

boppo1 4y ago
I couldn't agree more with your second point. But we'd need some sort of safety net for the humanities or else basically all but a few hollywood-feeding schools would drop them. Right now they're bloated and giving worthless credentials to kids for intersectional harry potter phd theses, but it would be good to keep the cores of the departments alive (if there's anything left).
- Siira 4y ago
  The same humanities who championed that it’s in our Iranian culture to beat our people to death for having “improper” hijab? The sooner these leeches get defunded the better.
  - boppo1 4y ago
    No, not those humanities. I mean the ones teaching philosophy, art, music, history, etc.
matthewdgreen 4y ago
Subsidized loans cap out at $23,000 for all four years. After that you're taking private loans at high rates. A relative was quoted 9.9% for most of his loans with a strong-credit adult co-signer, and that was well before the recent interest rate hikes. https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized https://studentaid.gov/understand-aid/types/loans/subsidized...