Originally posted by Surtur
I feel it's less fair for the tax dollars of those who paid off their debts to go to paying off the debts of others than it is not wiping away current debts.
You'd have a point if we didn't have this explosive inflation cost problem. Again, 1965, you could pay for all your tuition, room, and board with a minimum wage job.
You cannot do that today. So those that could pay off their college debts many years ago do not have the same debt burden that young people face today. They are not even close.
People who have paid off their student loans when they attended college even 20 years ago faced a geometrically smaller debt compared to today. That's how bad the inflation is. Medical care costs and college education costs are absurdly inflating. Go back further in time, the geometric formula still works: just 10 years prior, people 30 years ago faced far less college education costs than our parents from 20 years ago.
Crazy, right?
I like Silent Master's idea. I also like one that someone else (was is Snowdragon?) had: make all state schools tuition free. Both Silent Master's and Snowdragon's ideas combined actually address both sides of the problem.
FACT TIME!
If we ended only 2 of our 4 perpetual wars, we could pay for all of everyone's college education in the United States and still have tens of billions of dollars left over.
But if you're okay with continued welfare for the Military Industrial Complex, that's alright. Let's kill more brown people.
Originally posted by Surtur
And as for the costs of college rising, isn't this because the government got involved? Or am I wrong on that? What caused the increase?
Listen here you little shit: do you even google son?
https://www.usnews.com/education/best-colleges/paying-for-college/articles/2019-11-04/why-is-college-so-expensive