Americans Are Paying $38 to Collect $1 of Student Debt

The US labor market would completely collapse instead of being just mostly fucked if everyone in college was looking for work.

College loans are actually welfare/job training programs with heavy strings attached.

You have an idealized greenfield notion about the way the world should work, but clearly have no real roadmap on how to get from here to there. You also clearly have no experience with organizational budgeting, much less on the scale of the second largest state university system in the United States, which has a 7.2 billion dollar budget... If you think an ~2.5 percent budget adjustment is a big deal... I don't know where you studied finance... I doubt you did. To me, it sounds like they came in 2.5% under budget that year, so had extra cash to spend on development!!!

Do you want to keep failing students in high school until they are 22 and raise expectations, or patch our current system so that a basic high school graduation means less than it may have in the past and have the transition from secondary to tertiary education be a filter point so that we can spend our resources on the people that want to use them.

Basically... you don't have any idea what the fuck you are talking about, looking at your comment from multiple angles of analysis. Please shut the fuck up about things that you clearly do not understand and let people who do make the decisions that matter.

Maybe you should have spent some more time in college.

/r/news Thread Parent Link - bloomberg.com