4 ms·
The market was/is responding to the environment that was created by the department of education. It’s quite weird that you blame solely ‘the market’ but totall
by georgeplusplus 2y ago
The market was/is responding to the environment that was created by the department of education.
It’s quite weird that you blame solely ‘the market’ but totally ignore the role the federal gov has had in this. I read somewhere about 90% of student loan debt is from federally backed loans ?
You think getting rid of competition the market provides and making the gov the sole issuer, creditor, and policemen of student loans would create cheaper education? Lol
- joe_the_user 2y agoIt’s quite weird that you blame solely ‘the market’ but totally ignore the role the federal gov has had in this. There is no place I say anything like "it's the market, not the fed". The Federal Government initiated it's (pseudo) market "reforms" and so certainly bares considerable blame for the outcome. My main point that whole approach was bad rather than the approach having implementation problems.