Re:A fraudster got $12M out of a Canadian university
by TuringNYC on Wednesday October 10, 2018 @02:30PM
(#18187627)
Isnt there a middle ground? Like having tertiary education free for state/city/public universities to ensure the poor arent left without choice. And also eliminating federally backed student loans so eventually all schools normalize price and all schools become increasingly affordable?
Re:A fraudster got $12M out of a Canadian university
by module0000 on Wednesday October 10, 2018 @05:02PM
(#18188862)
Yes there is certainly a middle ground. The poor, middle, and upper class all have a GREAT choice available to them. Instead of spending 10, 20, or 30 years paying back your loans: spend 3 years working and have 0 loans.
https://www.benefits.va.gov/gibill/montgomery_bill.asp
Bonus points.. you learn skills/trades/work-ethic/survival-skills/basic-medical-training, and will be useful in an emergency for the rest of your life.
Re:A fraudster got $12M out of a Canadian university
by rthomas6 on Wednesday October 10, 2018 @04:07PM
(#18188389)
I'd like to eliminate federally backed student loans and replace that spending with federally backed student grants for the best students under a certain household income. That wouldn't make tuition rise in the same way, and it would still help poorer people go to college. AND they wouldn't have to pay back loans.
I like that this works for both readings.
If you say to yourself "Obviously the solution is to eliminate federally backed student loans" that's political suicide because it means most people can't have a tertiary education (even if at some future date this chance means the institutions charge less than today)
If you say to yourself "Obviously the solution is to make tertiary education free at point of use" that's political suicide because it means a big tax hike to pay for it, plus either an unprecedented interference by the state in the operation of non-state entities offering education OR the state builds loads of extra institutions in competition with those pre-existing non-state establishments.
Of course, never say never, twenty years ago who'd have guessed major US politicians would be saying actually maybe we should just have single payer healthcare?