Quote:
Originally Posted by Love2Swim
Its almost like an 18 year old is economically naive. Who would have thought...
As far as "free", it makes sense to have members of society educated enough so they can contribute more. In the long run, that pays for itself.
|
The flaw in your argument is precisely the problem that is being discussed in this thread. There are far too many poorly "educated" people in this country who are contributing little or nothing to society and as a consequence they can't pay back their loans and are (or soon will be) a burden to society rather than being a contributor. In the long run, the problem only gets worse, not better, unless some significant changes are made.
I agree that enabling students to get a better education in order to enable them to get a better job and pay more taxes and contribute more to society is the way it SHOULD work, but for a huge number of students, it's not working out that way and the taxpayer will be left holding the bag.
The student may have received poor advice or no advice in taking out loans, but ultimately the responsibility must be on the person who signed for the loans. No one forced them to take out these loans.