Comment Re:Tuition free college (Score -1) 121
No, that's not at all what happened. Did you go to college in the US? Have you ever even set foot here?
As an old fart (and an American which you don't seem to be) who put himself through an American college, the way it used to work was this:
-there were government grants (rare, not a lot available and in high demand)
-student loans from banks were the most common source of funding
-all sorts of scholarships, usually not for a lot of money each but if you could get a bunch of identity based ones they could add up for some people
-and of course you could get a job and your parents were expected to contribute if you were younger than $age
Then they change the loan system, effectively kicking the banks out because banks are evil and replacing those with government loans.
When banks were the lender, they simply refused to give excessive amounts of money so tuition rates were held down because otherwise colleges simply couldn't charge higher rates as few could afford them. Once the government took over, it was sky is the limit because the government simply raised how much they'd give out in loans. This began a vicious cycle where during my time in school I watched my fees roughly triple in a few short years. When it was banks, my rates barely moved. Even though I worked and didn't take loans I benefited from those evil bankers applying common sense limits to how much a degree was worth so kids didn't get stuck with 6 figure loans for worthless degrees they'd be paying back forever. Like it is now.
So, once again, we see the effect of government getting involved in something that was working reasonably well; they fucked it up very badly.
Now my niece who just graduated with a medical degree is 6 figures deep in debt but most of the first 100k is for her shitty and useless undergraduate degree. If she hadn't continued to medical school she'd have a useless degree and 80k in debt like countless other kids. Only because she continued on to medical school does she stand a chance of paying it back.
Under the old bank loan system she could've easily handled it because her undergraduate degree wouldn't have left her with an 80k hole in her pocket.
Compared to my wife who graduated with a worthless degree during the bank loan era, had no job or parent help in school, etc, some small grants and such, graduated with 16k in debt. I had graduated and had a job before her so I just cut a check for her entire college debt when the first collection date hit.
Government was the problem here, not the solution.
Nice of you to use your sock puppets to boost yourself from troll to insightful, btw. Good job! Very believable!