A continuation of the "discussion" of why home loans are less expensive than student loans.
Here's an interesting question.
Now, Sanders may actually be asking a deeper question: How can society make it easier to get a home than to get the priceless boon of an education? If that is the answer that the cold math of the market gives us, then maybe we need some alternative to the market, such as, I dunno, socialism? Or at least endorsing Elizabeth Warren’s scheme to lower the subsidized rates on loans?
Fair question, to which we may pose several fair answers.
What is funny, is that the democrats had already made it so easy to get a home that a giant bubble was created and burst in 2008..... Just like Ron Paul said it would on September 10, 2003. Anyway, I digress.
The student loan bubble is likely in trouble as well. In the warped mind of the liberal, there are no unintended consequences.....................
http://www.bloombergview.com/articles/2015-12-28/bernienomics-101
The first is that government-subsidized student loans seem like a fairly stupid idea that may well have done students no good at all, driving up tuition and thereby paying for the swelling level of college amenities, the swelling ranks of for-profit colleges of dubious value, and the swelling number of administrators at our nation’s institutions of higher learning. That's not a sterling argument for further well-meaning government intervention in the sector.
Here's an interesting question.
Now, Sanders may actually be asking a deeper question: How can society make it easier to get a home than to get the priceless boon of an education? If that is the answer that the cold math of the market gives us, then maybe we need some alternative to the market, such as, I dunno, socialism? Or at least endorsing Elizabeth Warren’s scheme to lower the subsidized rates on loans?
Fair question, to which we may pose several fair answers.
What is funny, is that the democrats had already made it so easy to get a home that a giant bubble was created and burst in 2008..... Just like Ron Paul said it would on September 10, 2003. Anyway, I digress.
The student loan bubble is likely in trouble as well. In the warped mind of the liberal, there are no unintended consequences.....................
http://www.bloombergview.com/articles/2015-12-28/bernienomics-101
The first is that government-subsidized student loans seem like a fairly stupid idea that may well have done students no good at all, driving up tuition and thereby paying for the swelling level of college amenities, the swelling ranks of for-profit colleges of dubious value, and the swelling number of administrators at our nation’s institutions of higher learning. That's not a sterling argument for further well-meaning government intervention in the sector.
