- Sep 9, 2016
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The American taxpayer DOES in-fact subsidize education K-12.Secondary education needs an overhaul for the 21st century to be sure, but not by the right. Seems you have forgotten what every other country in the world knows, subsidizing education is a national investment in the future.Progressives wash their hands of any responsibility for the unaffordability of higher education.Instead of wage growth we opted for debt growth as the path to the middle class. The boomers sit around bragging that they started with nothing when today's graduates would be thrilled to start with nothing instead of a debt they will be paying for years and years.
Here you have had a system over the years where tuition ONLY goes up. While others may suffer economically during economic declines, everyone suffers EXCEPT those at the university level.
How do they do it? Well government simply took over student loans and lowered interest rates, that way students could afford higher tuition by the government decreasing interest rates. However, to make sure students could not get out of their debt, to appease universities around the country, government made sure that getting out of student debt was the most draconian of all debt. In other words, you can never be free of it and will follow you till the day you die!
However, now we have arrived at a place where interest rates can't really be lowered any further, which means fewer and fewer kids will actually go to college. Now we are looking square into the bubble of ballooning costs for our Leftists universities around the country. The answer? Free college, but we all know it's not free, don't we.
No, now they will simply print money, which will further erode the wealth Americans may already have, as America continues its decline Marx style. But at least we all now know why tuition rates are so outrageous. Government drove them up, just like they did with health care.
So why do universities enjoy such a symbiotic relationship that no other industry seems to with government? It's because the agreement with the Left wing colleges with government is, indoctrinate for us and you will be handsomely reimbursed. And any kid who will try and forgo college, we will make sure that the economy is such that they will have no future.
Do you believe taxpayers should be forced to pay for masters and doctorate degrees?
Where does the free shit end?