Comments on: Student loan debt rising among Americans
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- First, states keep raising tuiton on state run colleges and universities. The Republicans are slashing Pell Grants, (except to Liberty University's on-line program.) Part of health care reform allows students to finance government loans, which means lower interest rates, but the Republicans want to abolish Obama-care. So we have a whole generation of young people who will enter their careers deep in debt. How can these young people buy homes, start families, open businesses or medical practices?
When I attended UCLA, I did not pay tuition. In those days you paid a low incicental fee, but that was it. The same applied to all UC schools, as well as state and community colleges.
The GOP prates about relieving the debts of the younger generation. Very well. Let's tax the rich at 88% of their income, the way we did it back in the Eisenhower era, and slash tuition at state colleges and universities. That would be a great way to boost the economy.
What we are doing to the younger generation right now is a crime. - Reply to this comment
