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I think we should cancel fed student loans to schools that have a high default rate, but I would not throw the baby out with the bath water. Apparently, that is what paul says he would do.
Paul Wants To Phase Out Federal Student Loans - From the Wires - Salon.com (http://www.salon.com/2011/10/23/paul_wants_to_phase_out_federal_student_loans/ - broken link)
I think we should cancel fed student loans to schools that have a high default rate, but I would not throw the baby out with the bath water. Apparently, that is what paul says he would do.
Paul Wants To Phase Out Federal Student Loans - From the Wires - Salon.com (http://www.salon.com/2011/10/23/paul_wants_to_phase_out_federal_student_loans/ - broken link)
Only if you do not undersand how federal student loans have run up the cost of education in this country while simultaneously decreasing the quality of education. To use your baby anology, Paul is trying to save the baby drowning in a cesspool.
I think we should cancel fed student loans to schools that have a high default rate, but I would not throw the baby out with the bath water. Apparently, that is what paul says he would do.
Paul Wants To Phase Out Federal Student Loans - From the Wires - Salon.com (http://www.salon.com/2011/10/23/paul_wants_to_phase_out_federal_student_loans/ - broken link)
What he would KEEP are PELL GRANTS. The only ones helped by the federal student loan programs are the schools. They charge 15x the tuition they did two or three decades ago and the quality of education is about a quarter as good as it once was then but WAY MORE EXPENSIVE. It is nothing but a huge RIP-OFF to students. This baby should have never been put in this bathwater.
I think we should cancel fed student loans to schools that have a high default rate, but I would not throw the baby out with the bath water. Apparently, that is what paul says he would do.
Paul Wants To Phase Out Federal Student Loans - From the Wires - Salon.com (http://www.salon.com/2011/10/23/paul_wants_to_phase_out_federal_student_loans/ - broken link)
Yeah-- who the hell wants to go back to a time when an education in this country didn't cost $80,000? That's crazy.
What he would KEEP are PELL GRANTS. The only ones helped by the federal student loan programs are the schools. They charge 15x the tuition they did two or three decades ago and the quality of education is about a quarter as good as it once was then but WAY MORE EXPENSIVE. It is nothing but a huge RIP-OFF to students. This baby should have never been put in this bathwater.
I would agree that some schools are rip offs. There are a lot of for profit schools that do not have a very good return on investment; however the public schools have gone up primarily because states have shifted the cost of the schools to the students, but most still provide a good education.
Only if you do not undersand how federal student loans have run up the cost of education in this country while simultaneously decreasing the quality of education. To use your baby anology, Paul is trying to save the baby drowning in a cesspool.
Exactly. As long as those loans are guaranteed to be paid by the government, the schools are fine with giving them out to those majoring in underwater basket weaving and the schools will charge as much as they can get away with for those useless degrees, also.
Paul knows what he's doing and he can do it because he owes no one any paybacks. I like the guy!
What would Ron Paul say to someone who is underemployed in a dead end menial job and who needs retraining if they are ever to get into any meaningful career?
If I'm reading this thread correctly, Ron Paul would say they can't have a student loan but they can have a Pell Grant. Unless they already have a degree which makes them ineligible for Pell Grants.
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