The burden of student debt restructuring should also include the universities that encouraged it

NY Times:

Making Sense of the 2 Candidates’ Plans on Student Debt

The challenge of making college affordable is front and center in the election. Donald J. Trump and Hillary Clinton’s philosophies of government shape their approaches to reducing the burden.
These institutions became predatory lenders so that the administrators and certain members of the faculty could live like the one percent while they exploited the most unsophisticated of borrowers.  If one of the plans is to reduce the debt of the students, then the institution should share with the government the decrease.

There is just no excuse for the confiscatory price increases at these schools that go well above the inflation rate when they are overcompensating, administrators and teachers.


Popular posts from this blog

US, Britain and Israel help Iranian nuclear scientist escape

Iran loses another of its allies in Iraq

Texas Congressman Al Green admits to affair with drug using staffer