There is no way of knowing what we have lost by not giving every person their best opportunity to achieve whatever they can. It is detrimental to the entire human race, not just to the individual. And, it isn’t just that the mind that could have discovered the cure for cancer could have been born in poverty and never learned to read.
The average college graduate pays more in federal and local taxes, including medicare and social security very year of their working life than the average high school graduate. If the amount is divided by the 4 years it takes to get a college education, and public schools were free, those additional taxes would pay for the cost of college, with a net gain for total taxes paid.
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job.
The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made of individuals so what’s good for one is good for the country.
Government student loans are to blame for the high cost of higher education today. Because the government is willing to loan huge amounts to students, the schools have raised their tuition to unreasonable levels to milk the system for all it’s worth.
Templo S.U.D. about 2 years ago
Should elementary or middle school students really worry about student loans? College is still a long way to go.
ladykat Premium Member about 2 years ago
I don’t think it’s something a child of his age should have to worry about.
Diane Lee Premium Member about 2 years ago
The average college graduate pays more in federal and local taxes, including medicare and social security very year of their working life than the average high school graduate. If the amount is divided by the 4 years it takes to get a college education, and public schools were free, those additional taxes would pay for the cost of college, with a net gain for total taxes paid.
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job.
The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made of individuals so what’s good for one is good for the country.
sbwertz about 2 years ago
Government student loans are to blame for the high cost of higher education today. Because the government is willing to loan huge amounts to students, the schools have raised their tuition to unreasonable levels to milk the system for all it’s worth.