Quote:I appreciate that you can recognize that there is a problem. First thing, the lived within their means thing, I'm not sure what you mean... Are you implying that the majority of students abused their loans, and didn't use their loans for school? I worked as a student advisor in a previous life, and trust me, it's not like these students are the Reagan welfare queens driving Cadillacs that the gop likes to portray to divide our country.


As for specific policy, it sounds like the public universities in each state would be getting additional funding from the dept of education. There was another thread a few months back where we discussed the issues of the cost of higher education. The sad thing is that this should be a bi partisan issue. Republicans need to be willing to solve the problem as well, otherwise, it's just gonna gridlock like what happened under Obama.

 

I wasn't implying that they didn't use their loans for school. I am implying that some people may have used their loans for upgraded living and entertainment in addition to paying for tuition and books.

 

I never had a student loan, so I am not sure if it is mandated solely for education expenses like a 529 or Coverdell ESA, but I assume the recipient can do whatever they want with the money.

 

If a student decided to live off Gate Parkway for $1300 a month vs living off Arlington Expressway and used the loan money to fund their entertainment, I don't feel sorry for them. However I do agree that the first 2 years of school are crap and should not be as expensive as they are.

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