Posted on Dec 10, 2017
Brown University is doing away with student loans
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If there was ever doubt between government and private run operations. Brown University is ending student loans with Alumni and school contributions. As other institutions support the political beg for more "Student Aid", which is often a blank check for students with poor credit. It's time to focus on real solutions. Maj Marty Hogan Lt Col Jamie Goodpaster LtCol(r) USAF Strategic Communications SGM David W. Carr LOM, DMSM MP SGT CPT (Join to see) SMSgt Minister Gerald A. "Doc" Thomas SGT David A. 'Cowboy' Groth
Brown University is doing away with student loans
Posted from qz.com
Education
Loans
College
Government
Libertarian
Posted 8 y ago
Responses: 4
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I wonder if it's too late. The cost of college rose exponentially when student loans came into existence. Basically, students were flush with easy cash and schools competed for them by improving school amenities rather than scholarship and educational facilities and equipment. Well, they can't now simply abandon those amenities if student loans go away. Sadly, the college and university system may simply crash and burn thanks to government meddling just as the healthcare and mortgage industries crashed and burned when the government meddled in them. Even sadder, the government isn't as flush as it once was and simply can't print money to make the problem go away, not any more...
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CPT (Join to see)
I'm sure they are going to have strict control measures and if the student does not comply they are removed. This is not a Community College that accepts all.
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CPT Jack Durish
CPT (Join to see) - What difference will strict controls make? If students don't have access to cheap loans, how will schools pay for all those investments in amenities that have nothing to do with eduction?
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This is going to be such a double edged sword. My son is 30 and never finished a full year of school but has more student loan debt than he will ever be able to pay back. They kept giving him more, he would get in trouble, they would kick him out of school with a new bill charging him for the full term. Simple greed. Closing- did you know I am an asshole cause I would not co-sign?
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Maj Marty Hogan
MSgt Heather D. - he will fail for a long time because of it. I was called to a meeting and my son was there with 5 "guidance" counselors and finance peeps. I was told I didn't care abut his future. About popped a vein in y reply.
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Maj Marty Hogan
MSgt Heather D. - can't. OWI and few other issues that stop him. Brought him out when he was 19. My old boss is the MX commander and asks me all the time. He also is a good worker, but he is different than me. I would have jumped at the opportunity when I was his age (obviously). He turns 30 in Feb and pretty set in his ways- over qualified and under achieving. A state HVAC is opening and he is qualified. Did you know you have to work 40 hours a week in something like that?
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CPT (Join to see)
Yeah, I would have informed those idiots that giving someone wih no credit tens of thousnd of dollars.
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How is this tagged libertarian? It is anything but. America does not have a student debt problem. The individual that filled out the paperwork to request a Federal Aid Student Loan and defaulted has an issue repaying the taxpayers whom payed taxes to the Federal Government which then redistributed their earnings.
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CPT (Join to see)
I was looking at if you have a business and can raise 100k for your project then more power to you. As long as the government is not subsidizing, which is case for outrageous financial aid scam
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LTC (Join to see)
Ivy League Colleges Get HUGE Subsidies From Federal Gov’t
The most exclusive and elite private colleges are heavily subsidized by taxpayer funds, according to a report on funds thatIvy League colleges receive from the federal government. The eight schoo
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