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A lot of things involving money are mandatory in the US.
Anyone that has children should be required to put at least $2,000 a year into an account to pay for the end result of their orgasm(s) to go to college.
If the child or children do not go to college, then the money is refunded or allowed to be withdrawn from the account by the parent or parents. Eighteen years is plenty of time for parents to save and invest the money required for their children's college education.
Based on cost v. inflation (or even v. market returns), this is a dubious proposition. Second, over 40% of the country has less than 10k in assets (total), and paycheck-to-paycheck living is a reality for most of the population, so your explanation comes down to:
A) Poor people and most middle class people can't have kids.
B) Kids born to poor people - through no fault of their own - get screwed for no other reason than their parents were not rich. Nice to hold children responsible for "sins of the father".
Based on cost v. inflation (or even v. market returns), this is a dubious proposition. Second, over 40% of the country has less than 10k in assets (total), and paycheck-to-paycheck living is a reality for most of the population, so your explanation comes down to:
A) Poor people and most middle class people can't have kids.
B) Kids born to poor people - through no fault of their own - get screwed for no other reason than their parents were not rich. Nice to hold children responsible for "sins of the father".
Isn't it funny how his expectation is that poor people can have kids when they don't have enough resources to raise them? Fascinating.
The gov't should get back into the college scholarship and grant business.
And student loans should be at low rates, like they used to be, with interest beginning to accrue only when the student graduates. That's the way it was through the 20th Century, pretty much.
The gov't should get back into the college scholarship and grant business.
And student loans should be at low rates, like they used to be, with interest beginning to accrue only when the student graduates. That's the way it was through the 20th Century, pretty much.
You know what else was "the way it was" through the 20th Century? A lot of people didn't go to college.
What the government really needs to do is found about 30 more medical schools to address the shortage of doctors. It would do a lot to bring down the cost of medical care.
What the government really needs to do is found about 30 more medical schools to address the shortage of doctors. It would do a lot to bring down the cost of medical care.
Increasing the number of MD's is useless without increasing the residency spots. Congress capped the residency spots back in 1997 though...
I went to college about 20 years ago and without student loans, I would never have been able to attend neither would my siblings. We received financial assistance in federal and state grants, but they didn't even cover tuition at a community college forget the additional fees and $600 a semester in books.
Not all people are fortunate enough to have their parents help with their tuition or are they able to work a summer job and save up for tuition. I had things to pay once I finished high school. My parents demanded rent every week, had to buy my own food, pay for my own gas in my vehicle, pay for my own car insurance which was over $3k a year because I was 18 and had my own policy, pay for my clothes, pay for my schools supplies, etc. working for minimum wage doesn't leave you with much after taxes and all of the above.
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