(04-09-2024, 11:59 AM)StroudCrowd1 Wrote:

(04-09-2024, 11:18 AM)flsprtsgod Wrote: Sure, I don't disagree. My issue is that students who spend $40k for the education end up paying 3 times that before it's paid off because of how we've structured the system to benefit the banks and corporations before and the government now. I'm fine with pay back what you borrow, the usury system for education needs to change.

Curious if you this sympathetic to all types of variable rate loans, or just student?

Just student, do you see those other industries hand 17 year old kids $50k on a signature after selling them for years that college is the ticket out of the ghetto? They did something similar in the Easy Money period of the mortgage industry and what happened? Recessional catastrophe. As I said, we have a national interest in having an educated citizenry. Our very liberties are dependant on it. "Talent and virtue, needed in a free society, should be educated regardless of wealth, birth, or other accidental condition. That other children of the poor must thus be educated at common expense." Selling an education should not be a money making scheme for the government.

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