The RoanokeSlant

This file is a US personal journal of commentary of examples of the Roanoke Times and Liberal Media Slant...... lbhagen@aol.com .......The Google Blogspot Cookie Notice is required for the EU!

Tuesday, April 23, 2019

 

Student Debt Crisis

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Elizabeth Warren wants to 'cancel' student debt for millions
(may have to copy-paste link into browser to view fox article)
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How about also ‘cancelling’ car loans, mortgages, credit card balances and any other debt incurred?
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Student loans are indeed stifling those who now are paying principle and interest on loans instead of buying stuff that stimulates the economy.
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Perhaps these indebted folks might reflect that the same issues relate to the national debt and that when they finish paying off their college debt – they can start paying off the national debt.
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Two root causes of this problem are:
  • Students taking courses that IF they result in jobs, the jobs do not pay enough to pay-off the loans.
  • The Universities are massively gouging their students.
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Perhaps a good way to pay-down the loans is for every University to retroactively pay-off all their student’s loan amounts over $20,000 per year of study.
To be fair they should also refund that amount to every student who has paid down their loans themselves.
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This will resolve this student loan crisis and will start the process of getting University costs and tuitions under a business management process instead of a chronic every year increase.
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Isn’t it a hoot that most of these Universities have a Business School but do not apply business management and cost controls and value-add processes to themselves!
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Warren
's massive $640 billion student loan cancellation questioned over fairness to students who paid off their debts


(may have to copy-paste link into browser to view fox article)
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College Costs Up Enrollment Down
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The 20,000 UVa employee number is totally amazing!
Especially when one considers that there are 16,483 enrolled undergraduate students in 2016.
http://colleges.usnews.rankingsandreviews.com/best-colleges/uva-6968
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A Reality College Commencement Speech
Why not a Reality College Commencement Speech?
What did you pay?
What did you get for your investment of time and money?
Was it really an investment – or was it just a big expense?
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Hillary Attacks Private Colleges BUT Laureate’s $16 MILLION To Bill OK





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