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Lots of things benefit society and don't cost $40k per year per person in subsidies - mainly to the upper middle class.
by onlyrealcuzzo 6mo ago
Lots of things benefit society and don't cost $40k per year per person in subsidies - mainly to the upper middle class.
- lux-lux-lux 6mo agoStrange how I never see this line deployed against the mortgage interest deduction or health care for wealthy retirees, both of which are considerably more expensive. Subsidizing college education, at least, has a reliably positive ROI.
- triceratops 6mo agoThen at the very least college debt should be dischargeable in bankruptcy the way people can walk away from their mortgage.
- bsder 6mo agoAgreed. The idiotic law not allowing college debt to be cleared by bankruptcy is the primary reason why college has gotten so expensive.
- votepaunchy 6mo agoThen treat college debt like any other loan instead of subsidies backstopped with government bailouts.
- onlyrealcuzzo 6mo ago> mortgage interest deduction By far the worst offender. > health care for wealthy retirees Theoretically, they paid into the system to get their dues. > Subsidizing college education, at least, has a reliably positive ROI. There's evidence at the State level, at least in many states, it does not pay for itself.
- gottorf 6mo ago> Strange how I never see this line deployed against the mortgage interest deduction or health care for wealthy retirees For what it's worth, I see arguments like this all the time. Might just be the corner of the information ecosystem you hang out in. > Subsidizing college education, at least, has a reliably positive ROI. Maybe it did in the past, where the greatest marginal gains were. Does it still hold true now? Over a third of the US has a bachelor's degree. Is there a reliably positive ROI to society in taking that third to, say, half?