On Sun, 22 Jul 2012 22:22:33 -0400, Bill wrote:

wrote:
On Sun, 22 Jul 2012 19:24:39 -0400, Ed Pawlowski wrote:

On Sun, 22 Jul 2012 18:24:16 -0400, Bill wrote:




...and I thought you wanted to middle class to be stronger.

That was an example of hyperbole--exaggerating your suggesting that
student loans and scholarships should be abolished!


The present system does not seem to be working well. Kids are
graduating with huge dept and a Master's Degree in 8th century
Lithuanian Art and the only work they can get is flipping burgers.
Maybe some common sense would help too.

Even where the degree may lead to a useful career, there is no guarantee of
graduating. These debt loads are ridiculous. They're only needed because
these debts drive up the cost of education, in general.

They do form an interesting part of the supply-demand equation. Cutting
to the chase, if you remove student loans you'll have fewer colleges and
fewer college students.

Or colleges get leaner and start teaching again.