Kieran
The GOAT
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- Apr 14, 2013
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Well that’s very good! And makes sense in so many other areas of life too. But with regards to universities, and the cost, it’s difficult to see how to resolve this. I know of law students who are massively in debt and think they’ll land a job replacing Johnny Cochran, earning millions, but in reality they end up working a thousand ladder rungs below and still paying off their debts. There’s an industry built around student loans.lol! Yes of course. In more than one way...
- if potential students think there's a possibility that their loans will be cancelled they'll be less incentivised to spend money judiciously, with less consideration for whether their degrees are actually financially beneficial for them
- if universities recognise that student debts will be written off, they'll be incentivised to raise their fees, without actually making their products a value proposition
I'm sure I could think of even more ways, given time, but even the most left wing leftie should recognise that neither of those scenarios are beneficial for the economy or even basic justice in the longer term (not that I'm calling you @tented ) a leftie
But it’s got little or nothing to do with the government, nor has it anything to do with non-uni participants in society who see students study things like critical race theory and come out of college preaching it’s awful denigrations and throwing insults at the very same person who they want to bail them out..