The U.S. Navy has seen its ship production drop to a 25-year low, falling behind Chinese production even as the service faces increasingly complex threats around the world.
No, we poured tons of government money into making college accessible. I went to college on loans designed for that purpose.
We valued college and we backed the notion with hard cash. Well, with forced loans.
It drove the price of college through the roof though. Just like housing, just like medicine, just like all the other things we provide government money to help people get.
It’s a consistent pattern. People don’t trust the free market, something is deemed too important to let the market handle, so we pump government money into purchasing assistance and, predictably to anyone who’s taken macroeconomics 101, the prices of those things skyrocket and the availability drops.
No, we poured tons of government money into making college accessible. I went to college on loans designed for that purpose.
We valued college and we backed the notion with hard cash. Well, with forced loans.
It drove the price of college through the roof though. Just like housing, just like medicine, just like all the other things we provide government money to help people get.
It’s a consistent pattern. People don’t trust the free market, something is deemed too important to let the market handle, so we pump government money into purchasing assistance and, predictably to anyone who’s taken macroeconomics 101, the prices of those things skyrocket and the availability drops.
Sounds like forced loans were the problem, not the government funded education.
With proper funding, you shouldn’t have had to take out loans.