On Sun, 22 Jul 2012 22:57:20 -0400, Bill wrote:

dpb wrote:
On 7/22/2012 9:22 PM, Bill wrote:
zzzzzzzzzz wrote:
On Sun, 22 Jul 2012 19:24:39 -0400, Ed Pawlowski wrote:
...

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.

Think?????

It's ridiculous--these kids are going through school living better than
I did for probably 10 years after graduating. It's just stupidity and
an absurd level of expectations of "need".

...

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.

In particular the diploma mills would almost all entirely cease to
exist; many exist only to milk that subsidized revenue stream.

The real schools will continue to exist; the numbers of students may
drop some but there are other ways the deserving and dedicated can find
to finance school as well as simply as noted above, dropping the level
of expectation of living standards, etc. You don't _require_ a new
Beemer and a 3-br apt and to spend every break somewhere exotic to get a
degree.

I think that more high school kids make the trip to Florida. It's not
the college student who is working part time at close to minimum wage to
help make ends meet.

T'aint the high school kids at all those keggers.