One thing wrong with that cartoon: Its not only major universities, its all universties. To the lenders, 40000 (FSU 2019) small student loans are as good as 4600 (MIT 2019) large student loans.
The New fields of Study, created out of thin air, degree plans sold to weak minded fools who are never going to earn a living or pay the loan off. If I bought a car and could prove the seller knew it was a turd, I think I could reasonably expect to get a judgement that relieved me of that debt. I say dissolve the department, fire the ProFessOrs, and let the colleges pay the government back. Fraud is a powerful thing in court.
One thing wrong with that cartoon: Its not only major universities, its all universties. To the lenders, 40000 (FSU 2019) small student loans are as good as 4600 (MIT 2019) large student loans.
ReplyDeleteThe New fields of Study, created out of thin air, degree plans sold to weak minded fools who are never going to earn a living or pay the loan off.
ReplyDeleteIf I bought a car and could prove the seller knew it was a turd, I think I could reasonably expect to get a judgement that relieved me of that debt.
I say dissolve the department, fire the ProFessOrs, and let the colleges pay the government back.
Fraud is a powerful thing in court.