This is true. An easy way to solve the student debt "crisis"

@BlueVeins I can - conditionally. Bernie’s plan covers med and law schools, and treats high end private schools and state schools the same. That seems kind of silly to me.

@BlueVeins When did Uncle Sam say this? Why are plumbers and electricians and carpenters looking for apprentices when colleges are full of debt-rideen art history majors?

@redredred Schools push the college track quite strongly these days, which is what he's referring to. And with the widest ever earnings gap between high school and college graduates, that's probably going to continue.

Which is fine, your obsessive fellatio of trades notwithstanding, the country needs an educated workforce, and an art history degree is as good as any other for a whole range of perfectly normal white collar jobs. Chances are, someone interested in an art history degree would be shit at trades, anyhow, that's someone obviously suited to knowledge work of some sort.

Everyone is looking for people right now, not only tradespeople - that's what full employment is. But while college costs absolutely skyrocketed as of late, wages, especially entry-level white collar wages, have not.

@QuixoticSoul Wrong again. Uncle Sams culpability is due to Obozo's takeover of the studend loan business. When every student is guaranteed an open ended line of tuition credit, the schools responded by jacking up tuition rates. Its simple economics, a subject dimocrats have never grasped.

@redredred Yeah, tuition going up had nothing to do with state legislatures spending less and less on higher education for the past three decades, and making drastic cuts after the ‘08 recession 🙄

Rightoids smh, leftoids are pretty dumb a lot of the time, but holy shit.

@QuixoticSoul Youre right, it had nothing yo do with state legislature cutting funding except as the feds kept providing more and more funding via endless loans, the schools needed less state funding.

@redredred Only a libertarian could believe something this insane 😂

@QuixoticSoul Then perhaps you can explain why the AVERAGE college endowment for the last five years has grown by more than 7.5% annually.

I thought not.

@redredred That is normal, a result of standard spending limits, and a robust economy. Most colleges have been increasing withdrawing through this period too, something that might not be sustainable if there is an economic downturn.

The typical aim is 10% growth, and 4-5% withdrawal. I'm not surprised that the numbers look a little better over the last few years.

Endowments typically fund a small portion of a university's operating expenses, one that stays relatively constant - this means that, like said expenses (and the student body), they always need to grow. The spending limits are there for a reason, and digging into the endowments because the state cuts funding is not a long term strategy - or even a short term one.

@QuixoticSoul So your explanation is that the colleges are suffering from a cut in state aid but also experiencing rapid growth in their endowments due to a robust economy.

Harvard could admit students tuition free forever based on their endowment and not lose any money. Granted Harvard is atypical but colleges in general have healthy endowments and youre simply wrong. Again.

@redredred They’re experiencing normal growth. The ten-year average year over year target is 7.5%.

Do you even know what endowments are, and how they’re used? You’re being a remarkable moron about this entire situation. They have shit to do with state funding.

No, we aren’t talking about Harvard here, but the public schools.

Once again youve lost your way. The subject is student loans. The dopes that borrowed the money for gender studies and art history degrees need to flip more burgers and pay back what they borrowed from Obozo.

The STEM degree holders dont seem to be all that bothered.

And yes, I do know how endowments work having worked years ago in development for a college.

Youre still wrong. Still again. @QuixoticSoul

@redredred Of course I’m right, you’re being a complete retard as usual. Robbing endowments is not a sustainable strategy to a long-term funding shortfall, that shit is absolute lunacy. Those withdrawal limits exist for a reason.

Generally dumping on humanities is a feel-good hobby for the low-intellect crowd, but it has nothing to do with the topic 🤷‍♂️ - it’s just an excuse to pretend the status quo is actually fine, as if the world without humanities is somehow an improvement.

@QuixoticSoul You do understand that colleges and universities have other sources of revenue besides tuition and endowments. Sports revenue and licensing are just two. Within universities, many schools actually produce revenue. Schools such as the Business school, the Medical and Law schools make a profit.

Your dim understanding of how this works is actually validating what l knew to be true about leftist idiots.

@redredred You only think I’m a leftist because you’ve completely lost your mind.

Lmao you sad dumbass, if you starve public schools of funding, and force them to start operating more like revenue-generating businesses to maintain operation - then it’s not a surprise that tuition quickly starts approaching private school prices of yesteryear 🤷‍♂️

But they’re supposed to exist as affordable alternatives for the public good. And while the states funded them appropriately, tuition stayed low.

At least it’s becoming obvious that this is just some libertarian jerking off that you’re doing here - skyrocketing costs of public education are simply not a concern to those living on another planet.

@QuixoticSoul You are actually beneath even pity. What is functoning for your thought process would shame an earthworm.

Dont worry about government schools, Even if free they will never be worth their cost.

@redredred Fuck you're a retard. Libertarians 🤦‍♂️

Perhaps but lm a great deal smarter than you are.@QuixoticSoul

@redredred A frozen hockey puck is smarter than QuixoticSoul.

@hippyjoe1955 Holy shit, now there are two retards 😂

@redredred No, then you wouldn't be a libertarian, and understand the need for affordable public education.

@redredred @QuixoticSoul @hippyjoe1955 😂 LOL

@QuixoticSoul There is no need for affordable tertiary education. Prove me wrong but in attempting that, show me how we are suffering from a lack of batchelors degrees.

@redredred Mate, you’re about as smart about this shit as hippie is about evolution 😂

@QuixoticSoul So, you cant prove me wrong. Understood; youre an idiot.

@redredred Mate, you’re a libertarian. If a need for any government service outside of myopically defined limitations could be “proved” to you, your wouldn’t be this species of utopian fruitcake.