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> that won't reflect badly on the administration I will agree if we define the audience as “the masses”. If, on the other hand, we consider the subset of peop
by robomartin 3y ago
> that won't reflect badly on the administration
I will agree if we define the audience as “the masses”. If, on the other hand, we consider the subset of people who actually engage in critical thinking, things should be different.
This was a political stunt to gain votes. And, as you seem to suggest, it will still be used as yet another us-vs-them wedge tool used to divide and polarize the population.
What’s outrageous is that the cost of university education has been inflated precisely due to government involvement through guarantees.
Everyone should be horrified that 17 year olds are agreeing to loans in the $150K to $300K range (and more). And sometimes this is for degrees that will never lead to high income jobs. I saw this piece a while back on this 32 year old with some kind of a sociology degree that cost her $250K. She was making $60K a year, with no real prospects to do significantly better.
My guess is that a reasonable cost for a degree is in a range similar to the cost of cars. The idea being to be able to pay it off in 5 to 7 years at the average earning potential for the corresponding degree. That might mean $20K to $150K max. For example, a CS undergrad degree should probably be in the $20K to $50K range.
The only way that happens is in a market where government isn’t in the student loan business.
- EA-3167 3y ago> I will agree if we define the audience as “the masses”. If, on the other hand, we consider the subset of people who actually engage in critical thinking, things should be different. To be clear, that's a tiny minority which rarely impacts the outcomes of elections, and elections are what matter to politicians.
- robomartin 3y agoYup, that’s true.