Thursday, September 6, 2012

Student Loan Relief

There’s a lot of talk about student loan relief. Democrats are heroes, pushing to help relieve the debt burden, while Republicans are evil, wanting students to die broke in the gutter. Okay, but it seems to me that student loan debt wouldn’t be nearly such a big deal if college tuition hadn’t gone up 300% in 20 years! Colleges and universities are mostly run by liberals, so how come they’re ripping off students like this? There’s no excuse for this ridiculous highway robbery, and this is what’s making student loans so ridiculously expensive and such a long-term debt burden. (Well, that and the awful job market for recent college graduates.)

So, if Democrats really care about student debt and accessibility of higher education, why aren’t they talking about capping tuition rates or at least looking into the reasons for its ridiculous increases over the past two decades? It seems to me that this might help a little bit more than some temporary student loan relief. (Well, that, or else maybe create a business-friendly environment so they can get jobs and pay off the student loans themselves.) But it’s just a suggestion.

All I know is, if this were any other industry raising prices this high for no reason, gouging young people into indentured servitude for years on end to pay them off, I’m pretty sure that the Democrats would be railing against it (and rightly so!). So I think while they’re at it fighting the debt stuff, it might be nice to solve the source of the problem first: sky-high tuition costs! (But I’m not opposed to debt relief. It’s just that it looks to me like that’s more taxpayer-funded government debt while we’re already dangerously in debt as a nation, when maybe the real guilty party is the ridiculously unfairly high tuition. I can’t think of any reason for tuitions to triple in twenty years, now: can you?)