Quote:
Originally Posted by SecretE
Sure, forgive the debts...only if the colleges and universities can pay back the money to the lenders as well. Charles Ponzi and Bernie Madoff didn't rip-off the public as much as the American liberal arts university and college system has.
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Yes! I've said the same thing! Hang part of it on the colleges, not the taxpayers! They used those student loan programs to fund tuition increases that have far outpaced the rate of inflation over the last 4 decades. No wonder a college education is now completely out of reach for middle class America. If we want to unwind the problem, then the colleges and universities need to pay back a big chunk of that money. Let them take it out of their fucking endowments.