Education
‘Real News From The Blaze’: Student Loan Bubble
- Posted on March 23, 2012 at 8:00pm by
Scott Baker
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right field
Posted on April 3, 2012 at 2:07pmStudents will NEVER pay these loans back. These debts will be traded for “votes” from Democrat / Socialist who will use the taxpayers again and again to get re-elected until there is anarchy and civil war. Only those who already own any private property or have any assets will care about such issues as “paying back” the loans. Most young people are idiots and have no clue how our system of capitalism should work. Our government, our courts and most of the people who live in the U.S. are corrupt and dishonest. We are ‘crashing’ as a country and Obama and his socialist cohorts will see to it that we stay on course to total destruction.
Report Post »etrends
Posted on March 26, 2012 at 4:48pmThe Govt guarantee is what causes the tuition inflation. There is no risk to the schools that pump out students the economy doesn’t need. If the schools had any skin in the game, tuition would be cheaper and student debt would not be the problem it is. Universities have pumped out more Lawyers than Doctors for decades. We can see who has won that war.
Report Post »Tepeyac
Posted on March 25, 2012 at 8:24amI have no sympathy for someone who takes on debt without a reasonable plan to retire that debt! If they haven’t planned that far ahead, they are too dumb to go to college! Far too many of them should be out cutting grass and trimming trees instead.
Report Post »lukerw
Posted on March 24, 2012 at 4:03pmCollege became a Leftist Club… giving Degees in Masturbation… as a means to Suck Money and promote Rebellion… for stupid kids with Majors in Non Existing Fields. This is desired by the Communist Machine… because it promotes Social Unrest… which leads to the overthrow of a Governmental System! Proof: OWS!
Report Post »ShyLow
Posted on March 24, 2012 at 2:48pmLet’s say you have the money…Do you A: send your kid to commie college…or B:buy them a house
Report Post »TangLaoYa
Posted on March 24, 2012 at 12:21pmEasy government loans are probably behind a lot of this. When govt. makes college easy to attend and pay for then demand rises and, as a result, tuition. We are in a period of inflation. (Never mind the CPI. Look at M2) Inflation is needed by the administration to reinflate the bubble. Instead of goods chasing money they create money chasing scarce goods. The inevitable crash will bring sudden deflation and make it impossible for debters to pay. This will ruin young graduates and (worse) dropouts.
Report Post »TangLaoYa
Posted on March 24, 2012 at 12:00pmIn 2007 Robert Murphy wrote an article that is pertinant to the situation
Report Post »http://mises.org/daily/2613