GOP critics of Biden's loan forgiveness call it 'astonishingly unfair.' Here's how much college tuition cost at their alma maters when they graduated

[Toddsterpatriot]

Earlier this week, Sen. Elizabeth Warren called out Senate Minority Leader Mitch McConnell for calling the policy "astonishingly unfair," noting school cost under $400 a year when he graduated from who graduated from the University of Louisville in 1964.

McConnell called President Biden's student loan forgiveness "a slap in the face to every family who sacrificed to save for college, every graduate who paid their debt, and every American who chose a certain career path or volunteered to serve in our Armed Forces in order to avoid taking on debt."

MSN

Ummmmm......the Dems have been throwing trillions of dollars at college tuition and now it's less affordable?

Does Elizabeth Warren know about this?

 

[Polishprince]

Brandon's program here will cause tuition prices to accelerate even more.

Students will feel a lot better about borrowing the max with the idea that their debt will be forgiven as well.

That additional loan money being sent will give the schools pricing power as the students will have more money that can only be spent on school.

Sort of like the result of Biden's EV tax credit- auto makers are raising the prices to take advantage of the credit.

 

[Moonglow]

Earlier this week, Sen. Elizabeth Warren called out Senate Minority Leader Mitch McConnell for calling the policy "astonishingly unfair," noting school cost under $400 a year when he graduated from who graduated from the University of Louisville in 1964.

McConnell called President Biden's student loan forgiveness "a slap in the face to every family who sacrificed to save for college, every graduate who paid their debt, and every American who chose a certain career path or volunteered to serve in our Armed Forces in order to avoid taking on debt."

MSN

Ummmmm......the Dems have been throwing trillions of dollars at college tuition and now it's less affordable?

Does Elizabeth Warren know about this?

My first college charged like three bucks a credit hour in 1979...

 

[Moonglow]

Brandon's program here will cause tuition prices to accelerate even more.

Students will feel a lot better about borrowing the max with the idea that their debt will be forgiven as well.

That additional loan money being sent will give the schools pricing power as the students will have more money that can only be spent on school.

Sort of like the result of Biden's EV tax credit- auto makers are raising the prices to take advantage of the credit.

They accelerate or increase without loan forgiveness also.

 

[rightwinger]

I paid $650 a year my first semester of College
I paid for it making $2.10 an hour minimum wage

Why we need loan forgiveness

 

[Moonglow]

Oklahoma University was eighteen dollars a credit hour in 1983. I paid for it with a job as a bricklayer for ten dollars an hour, wages are way too low compared to the cost of living our monied elites charge us to exist.

 

[Winston]

Earlier this week, Sen. Elizabeth Warren called out Senate Minority Leader Mitch McConnell for calling the policy "astonishingly unfair," noting school cost under $400 a year when he graduated from who graduated from the University of Louisville in 1964.

McConnell called President Biden's student loan forgiveness "a slap in the face to every family who sacrificed to save for college, every graduate who paid their debt, and every American who chose a certain career path or volunteered to serve in our Armed Forces in order to avoid taking on debt."

MSN

Ummmmm......the Dems have been throwing trillions of dollars at college tuition and now it's less affordable?

Does Elizabeth Warren know about this?

I know the argument you are attempting to make, but it fails when confronted with the reality. 20 years ago, a Pell grant covered over 80% of the cost of tuition. Today, it barely gets past 30%. The problem is not the loans, the problem is the fact that responsibility for the funding of a higher education has shifted from the government to private hands. Now it is little more than a bidding war. In North Carolina, a college education is supposed to be free, "as far as practicable", per the state constitution. Biden's order will eliminate $66,000 of debt for my family and everyone graduated from a state school--it should have been free.

 

[Zincwarrior]

My first college charged like three bucks a credit hour in 1979...

It was over $12K a semester at the daughter's state university.

 

[Moonglow]

It was over $12K a semester at the daughter's state university.

Yes, I have a college student, twenty-year-old...With scholarships and loans and financial aid, it still isn't enough.

 

[Toddsterpatriot]

The problem is not the loans, the problem is the fact that responsibility for the funding of a higher education has shifted from the government to private hands.

Is that the only thing that changed?
Why don't students shop by price, like consumers do on everything else they buy?

 

[toobfreak]

It was over $12K a semester at the daughter's state university.

Here's what college costs in 28 countries around the world

College is the US is notoriously expensive and, as a result, millions are drowning in student debt. But other countries see higher education differently. Many don't charge tuition fees at public institutions, and others charge less than $1,000 per year as compared to the average $8,202 in the US.

www.businessinsider.com

If the Bidenistas really wanted to help anyone, they'd look into why the USA costs so much just to get a degree? In the final analysis, making a degree mandatory as a requirement to get hired and burdening people with lifelong debt they then work most of their lives just to pay back is just another form of oppression and control.

 

[GMCGeneral]

Here's what college costs in 28 countries around the world

College is the US is notoriously expensive and, as a result, millions are drowning in student debt. But other countries see higher education differently. Many don't charge tuition fees at public institutions, and others charge less than $1,000 per year as compared to the average $8,202 in the US.

www.businessinsider.com

If the Bidenistas really wanted to help anyone, they'd look into why the USA costs so much just to get a degree? In the final analysis, making a degree mandatory as a requirement to get hired and burdening people with lifelong debt they then work most of their lives just to pay back is just another form of oppression and control.

This is why the Left are so adamant against trade schools and vocational training. They know that colleges will indoctrinate students in their I Hate America bullshit.

 

[Zincwarrior]

Here's what college costs in 28 countries around the world

College is the US is notoriously expensive and, as a result, millions are drowning in student debt. But other countries see higher education differently. Many don't charge tuition fees at public institutions, and others charge less than $1,000 per year as compared to the average $8,202 in the US.

www.businessinsider.com

If the Bidenistas really wanted to help anyone, they'd look into why the USA costs so much just to get a degree? In the final analysis, making a degree mandatory as a requirement to get hired and burdening people with lifelong debt they then work most of their lives just to pay back is just another form of oppression and control.

I agree 1,000% with that. On an absolute basis, university budgets have doubled inflation for decades.

 

[toobfreak]

This is why the Left are so adamant against trade schools and vocational training. They know that colleges will indoctrinate students in their I Hate America bullshit.

YEP. There is no better place to get indoctrinated in Leftist/Socialist/Globalist dogma than in college now.

Second up are the government-run public schools.

 

[Zincwarrior]

This is why the Left are so adamant against trade schools and vocational training. They know that colleges will indoctrinate students in their I Hate America bullshit.

The US is FAR more in need of good trade schools and voc. Training. We disagree on reasons but agree on the need. Frankly a revamped high school Ed and good certificate program/trade schools /Jr College is what 70%of the students truly need. But they need to be good and free.

 

[GMCGeneral]

The US is FAR more in need of good trade schools and voc. Training. We disagree on reasons but agree on the need. Frankly a revamped high school Ed and good certificate program/trade schools /Jr College is what 70%of the students truly need. But they need to be good and free.

I would add trade union apprenticeships as well. Not only do students get their feet in the door, but get paid too. And oh yes I believe people in these fields do tend to be more Conservative.

 

[Zincwarrior]

I would add trade union apprenticeships as well. Not only do students get their feet in the door, but get paid too. And oh yes I believe people in these fields do tend to be more Conservative.

You are truly wise.

Apologies I am in Texas and we don't really have unions so forgot.

 

[toobfreak]

I agree 1,000% with that. On an absolute basis, university budgets have doubled inflation for decades.

Pretty much. Mitch's college as stated in the OP was $400/year in 1964. That equates to about $3,800 now, while the actual average tuition at a PUBLIC college now is at least DOUBLE that. That doesn't even figure into the ivy league private universities.

And of course, the bias in education and hiring now is that it is less about what you KNOW and can DO and more about where you GOT your education, thus, like lawyers, this encourages higher tuitions because the more expensive and exclusive they are, the more "hiring" power they carry in helping you get a job.

The best thing you can say at a job interview now is that you got your degree at HARVARD, which of course then increases demand and so they can justify charging more!

Thing is, most of that education amounts to a professor detailing and expounding on material taken out of a textbook you can buy for $95, save for any graduate work involving lab research equipment and so forth to train in specific skills like using a SEM (scanning electron microscope).

My own personal theory is that someone is getting filthy rich on educating people. Like everything else in America today, folks are being taken for a ride shaken down for every last nickel they can get.

 

[22lcidw]

My first college charged like three bucks a credit hour in 1979...

Start running Hitlers...You will see.

 

[Moonglow]