this post was submitted on 30 Jun 2023
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[–] R51@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (8 children)

aw geez

edit:

America: We need to reduce cost of education!

Government: Hey let's put our taxes towards cheaper education!

America: no.

America, can you explain?

[–] KingSnorky@lemmy.ml 10 points 1 year ago (2 children)

American here. I can explain: Republicans.

[–] thepeter@lemmy.world 1 points 1 year ago (2 children)

Are Republicans the ones constantly renovating and building new facilities on campuses across the nation? I don't think I've seen my university stop major construction for like 15 years.

You have a point but inefficiency in a system doesn't mean the people who use it should be punished. I agree that the cost has gotten out of control and a large part of it is the dirty money river for construction. I have been involved in government contracts off and on for 15 years now and yes it is a shit show. I am proud to say that I have done my part to make it a bit better but that part is small.

Put it another way. I am fairly confident that the giant corp I work for made some infrastructure for your city or town if you live in the Anglosphere. I am also fairly confident that it was a far from perfect project in terms of who got paid for very little to no work or even negative work. Should you be punished for that? Should you have dirty sewage and trash in your streets and stop lights out because someone in the process skimmed some off the top?

[–] Vynlovanth@lemmy.world 0 points 1 year ago

Republicans are the ones who cut state funding for public universities leading to universities charging more money, the federal government offered loans to help offset that, and universities saw that and charged more money because the government continues to provide increasing amounts of loans. So yeah the universities are making out like bandits but Republicans definitely are not without blame. Cost of university would get reigned in if student loans were not a thing and the government was funding universities appropriately.

[–] SmurfDotSee@lemmy.world 0 points 1 year ago

Dumb.

This didn't do anything to curtail the cost of higher ed. Got nothing to do with republicans.

[–] Ech@lemmy.world 2 points 1 year ago

You are quoting two different "America"'s there, for one. SCOTUS isn't even an elected body, so I'd hardly consider them "America" outside of their power to dictate our state of affairs.

[–] conditional_soup@lemm.ee 2 points 1 year ago

Basically, we're forty years deep into supply side economics, sometimes referred to as Reaganomics, Trickle Down economics, or Horse and Sparrow economics (the latter two are generally considered derisive by proponents of this model). The idea is that if we set our policies so that outcomes are optimized for capital holders (business owners, investors, etc), then they can generate more wealth faster, and increasing the sum total of available wealth will improve life for everyone; somebody please correct me if I have it wrong. Of course, how this has actually played out is that money's just being funneled from everywhere into a handful of pockets to the detriment of everyone and everything else, and it's never enough.

I'm not a Marxist, but I do appreciate his view as a historical determinist. What I think is interesting is that if you look at what Marx said would be done to fight the tendency of the rate of profit to fall, we're doing basically everything on that list. I think Reagan was a true believer and honestly thought he was doing the best for his country that he could, even if he was incredibly wrong at practically every turn. It seems to me that supply side economics is really just a fancy way to run an extractive economy under the pretense of free markets.

[–] toxic@lemmy.world 1 points 1 year ago

To be fair, while this would cancel a lot of debt (up to $10,000) for most people, it actually does nothing to cut the cost of college for future students.

I say this as someone who has about $5,000 in student debt left and a wife who has over $20,000. It would have been fantastic for us, but in the end it doesn’t do a single thing to help reduce the cost of education.

[–] toxic@lemmy.world 1 points 1 year ago

To be fair, while this would cancel a lot of debt (up to $10,000) for most people, it actually does nothing to cut the cost of college for future students.

I say this as someone who has about $5,000 in student debt left and a wife who has over $20,000. It would have been fantastic for us, but in the end it doesn’t do a single thing to help reduce the cost of education.

[–] Ragnell@kbin.social 0 points 1 year ago (1 children)

America, can you explain?

The system is rigged by the greediest people in the country.

[–] nichos@lemmy.world 0 points 1 year ago (1 children)

Why is it rigged? Are adults surprised they're obliged to pay back money they borrowed?I

[–] Ragnell@kbin.social 1 points 1 year ago

When the richest people in the country get loan forgiveness then yes, it can be surprising that the poor don't get it.

[–] SmurfDotSee@lemmy.world -1 points 1 year ago

Well, for one, forgiving student loans wouldn't "reduce the cost of education."

It would increase it. It's just a windfall for universities and loan holders. It did nothing to curtail costs, or address the way student loans are handed out, and their nondischargeable status.

We'd be right back here in 10 years, regardless, because "forgiveness" doesn't do anything to address the underlying problems of student loans, which will continue to be handed out, guaranteed by the gvt, and nondischargeable.