Trump considers selling Student Loan Debt to private investors.

[Wrestleknownothing]

1 hour ago, Paul158 said:

So, in the end there is no feasible solution to ever fixing this problem. The colleges will never lower there prices and the federal government (the taxpayer) will always continue bank rolling the loans with little or no restrictions. I think in the last go around 5.3 million borrowers received 188.8 billion dollars of loan forgiveness.

Not what I said at all. I said the key is making the schools have skin in the game. Without that there is no solution. 

[Caveira]

4 minutes ago, Wrestleknownothing said:

Not what I said at all. I said the key is making the schools have skin in the game. Without that there is no solution. 

Whom is making the schools have skin in the game.  If the federal government pays for loans doesn’t that incentivize the schools to go far far away from having skin in the game 

[Wrestleknownothing]

16 minutes ago, Caveira said:

Financially dumb majors on both sides of the aisle.  No worries.  
 

are stats sometimes disengenuous?
 

Harvard University's federal student loan cohort default rate is 0%. This is due to the university's no-loan financial aid policy, which meets 100% of demonstrated need through grants instead of loans.

Do you never tire of being lied to by AI? 

Check the Harvard financial aid website. There is even a section on loans. 

[Wrestleknownothing]

9 minutes ago, Caveira said:

Whom is making the schools have skin in the game.  If the federal government pays for loans doesn’t that incentivize the schools to go far far away from having skin in the game 

The government needs to make the schools have skin in the game. It is as easy as tying the availability of federal loans to the graduation rate of the school. 

[Caveira]

5 minutes ago, Wrestleknownothing said:

The government needs to make the schools have skin in the game. It is as easy as tying the availability of federal loans to the graduation rate of the school. 

Problem is.  When the federal government gets involved in anything  then they fark it up 

[GreatWhiteNorth]

5 minutes ago, Caveira said:

Problem is.  When the federal government gets involved in anything  then they fark it up 

Truer words have never been spoken... or posted in this case.

The federal government is currently farking up everything it touches. And it's trying to touch everything.