loans ya I have 35,000 in debt. School ya, the point was though kids spend way more money these days than they did when school was free. The cost of things has risen. The cost is not the really the issue. It is the ability of the us to educate its populace. We do not have enough seats and 10,000 students every single semester are denied based on overflow. Reality is that $26 a unit is pretty cheap comparatively for 16 hours a month and 64 hours of lecturing. However then you get into state schools and private schools and tuition due to high debts and taxes by the state on them are a major issue. If you want to look at something to help schools cut their taxes. Schools are taxed by the muti millions cost goes right back to the schools. That is why our tuition is so much. As schools have to pay for all kinds of taxes and get barely any tax breaks. Which the taxes just pay for the school anyways but get through a major funnel swept away. So instead of the campus being self sufficient it is part of a loop. Pay millions in taxes so we can take it raise cost of your students then tell you we are cutting your funding. What, no the school is self sufficient. Students pay and we are taxed to hell. The majority of assistance the schools gets if you look at their liabilities sheets is what they are taxed. So if they where not taxed, they would not need assistance and guess what the cost of school would go down. Interest rates on student loans are not really the problem. If they where why charge interest rates at all for basic schooling. Especially when Fannie Mae and Freddie Mae are guess what State owned Enterprise. It makes no sense. If you want to cut cost, stop State Owned Interest rates on student loans. Charge them a one time service cost fee to pay for employees working the State Owned Loans. Stop using Fannie mae as a stock weapon to destroy our own economy. As it does every time we bust. Then stop taxing the schools to just give it back to them in assistance. Then when the state is not able to balance the books still tax them but not give it back to them for the school. Easy that is what we did when school charges where free. Does not anyone know how to use historical economic analogies besides me.
Rider I
my thoughts on this article.
http://news.yahoo.com/obama-hits-student-loan-costs-courts-young-voters-153033076.html
The Republic wants to wipe out Fannie Mae and Freddie mac all together as they are a greedy state owned enterprise that cause major financial hardships and the majority of the time lead us into busts because of state owned greed. So why not middle ground it and stop destruction of it and just take their power away to be greedy by not allowing them to have interest rates or gain profit as a State Owned Enterprise. If the State Owned loan system is that cheap it will force others to be the same.
Rider I
my thoughts on this article.
http://news.yahoo.com/obama-hits-student-loan-costs-courts-young-voters-153033076.html
The Republic wants to wipe out Fannie Mae and Freddie mac all together as they are a greedy state owned enterprise that cause major financial hardships and the majority of the time lead us into busts because of state owned greed. So why not middle ground it and stop destruction of it and just take their power away to be greedy by not allowing them to have interest rates or gain profit as a State Owned Enterprise. If the State Owned loan system is that cheap it will force others to be the same.
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