pull down to refresh
50 sats \ 12 replies \ @Undisciplined 23 May \ on: Student Loans: A New Sheriff in Town Politics_And_Law
I'm adamantly in the camp that they were defrauded and worse, they were relentlessly propagandized for 12 years about the need to go into debt for college.
I've certainly wondered how quickly the "student loan crisis" would clear up if schools and universities were on the hook for the defaulted loans, as something like cosigners.
As much as I trash my college sometimes, I think we'd fair pretty well if schools were on the hook for loans because our tuition is actually super low. Probably one fifth the cost of the Ivies.
reply
I don’t think the schools would be raising tuition as quickly or as steeply as they are now if they were on the hook for failures. I also don’t think you be seeing the fancy dormitories, student unions and gymnasiums being erected by the admin dicks. You also might not see so many useless admin dicks around. Do I give the impression I don’t like the useless administrators?
reply
I've never met a teacher who liked administrators.
reply
Whenever public money is involved, useless administrative positions proliferate because there's no cost discipline, and people use it as a slush fund to hire their friends and family.
reply
Proliferate is an understatement, they explode as fast as a colony of rabbits. And unusually enough, they all look and talk alike. Despicable.
reply
They look lost in the continuum half the time and when they speak, they speak in a language that I never learned.
reply
This was actually an idea that Mitch Daniels put forward, when he was president of Purdue. The reasoning was similar: Purdue is a relatively affordable university with well above average career outcomes. I suspect there was an element of grandstanding to it, as well as knowing his peer institutions would be hit harder by the reform.
reply
Some people will do anything to sink the competition, won’t they?
I think Perdue probably had a competitive edge due to being a public institution. The private universities don’t quite have the same backing from taxpayers.
I think I prefer the idea of private universities, where there is no taxpayer input at all. It seems their education may be more to the point and effective. But, then there is Harvard and Yale as a contrary view.
reply
I think the landgrant universities were intended to be self-sufficient, after being given a large tract of land to manage. That's at least what I've heard, but obviously it hasn't worked out that way and they're all perpetually on the dole.
reply
I think that is why there are so many Morrell halls on the university campuses.
Just as a different sort of question, have you noticed that some of the much older buildings on campuses are definitely a different kind of architecture, built with a different kind of material. The older ones seem to have a lot more red brick and stone than the newer buildings.
reply
Depends how old they are. A lot of post-war universities have cheap ugly original buildings and nicer modern buildings.
The older universities, though, do generally have beautiful original architecture and more sterile newer construction.
To tell the truth, I am in the defrauded camp, too.
People have been told there were lots of jobs in their line of study, only to find out they were being mislead. Teaching is one of those subjects, too.
I think the proper remedy would to let the debtors escape through bankruptcy, just like every other aspect of business and personal money handling.
Another step would to be to make the colleges and banks the creditors, again and not the federal government. After all, where did it say in the constitution that the government should be lending money for education? Remember, all of the founders were well educated, themselves.
reply