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A comment on Study: Almost half of borrowers will default on student loans in coming years. Parent comment

Re:Study: Almost half of borrowers will default on student l... by nickthemagicman on Sunday November 04, 2018 @12:08AM (#18374154)
That's why universities should be socialized.

Knowledge and credentials to better oneself and the economy at large should be available to anyone who is willing to put in the work.

Intellectual capital of a countries citizens is the best investment of tax money there can be.

[ Parent | on HN ]
Re:Study: Almost half of borrowers will default on student l... by cinquemb on Sunday November 04, 2018 @12:17AM (#18374191)
And many years later when an increasingly non productive citizens can no longer be expected to reasonably shoulder the tax burden, when governments can no longer borrow agaisnt the future, the piper will be paid… but somehow, this time is different… yawn…
[ Parent | on HN ]
Re:Study: Almost half of borrowers will default on student l... by Jedi72 on Sunday November 04, 2018 @01:21AM (#18374395)
The many successful countries around the world with socialized education are counter-example proof that this thinking is flawed.
[ Parent | on HN ]
Re:Study: Almost half of borrowers will default on student l... by cinquemb on Sunday November 04, 2018 @01:50AM (#18374481)
If you are referring to certain privileged european countries compared to others, the piper has yet to be paid… unless you think negative real interest rates on government debt will last forever with no repercussions…
[ Parent | on HN ]
Re:Study: Almost half of borrowers will default on student l... by nickthemagicman on Sunday November 04, 2018 @08:04AM (#18375662)
When reality doesn't fit your version of the facts it means you are probably wrong....not that your version just isn't right yet.
[ Parent | on HN ]
Re:Study: Almost half of borrowers will default on student l... by nickthemagicman on Sunday November 04, 2018 @08:06AM (#18375668)
This is complete fear mongering with no basis in reality.
[ Parent | on HN ]