Forum Post: Ron Lawl abolish student loans
Posted 13 years ago on Oct. 23, 2011, 11:53 p.m. EST by LazerusShade
(76)
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http://www.addictinginfo.org/2011/10/23/ron-paul-wants-to-abolish-federal-student-loans/
No this is not a case of forgiving student loans. He wants to get rid of them so that our children are unable to receive the same kind of assistance we have.
Great thinking, Paul. What America really needs is less access to higher education. Oh, and legalized heroin.
Where does he come up with this stuff?
Student books. A couple hundred bucks. Faculty salary. A few thousand bucks. An educated populace. Priceless.
My thoughts exactly en educated population is much harder to control. Making it harder for people to become educated is nothing more than the first step in dumbing down the population and making it easier to take advantage.
You mean the next step. They've been dumbing down America since the '70's. I've witnessed it.
Sadly true, Americans today on average have no critical thinking skills. They accept everything they see on tv or in the news on faith. I would hope any reform of the education system would include class work that helps kids think rather than just memorize. Given the current government though i have very little hope for that.
That is why I do not understand why the Paul people are even involved in this.
The people are not in the streets because they want more capitalism.
More capitalism means no state welfare for education or healthcare.
The protestors seem to want those things.
They are telling people they need the same kind of assistance the govt generously gave the banks.
That is why they are protesting in front of capitalism's most visible institutions.
The Ron Paul people are very confused about the motivations behind OWS.
Sounds like just another big reason why our government needs to be focusing on jobs. Unless we really want to go bust...
The student loan crisis is quite simple:
Listen, if student loans are a good risk (which they're not right now-see reasons below), private banks will loan the money to students without a problem at a rate appropriate to their credit rating.
However, when the government gets involved: They create the student debt bubble (just like the housing bubble) because... 1) not everyone is able to earn a college degree (they are a poor risk) 2) tuition is hyperinflated compared to cost of living 3) the economy is terrible and we are graduating more than will get viable jobs to pay loans back (they will default on the loan) 4) the government has made it obligatory to repay student debt - it is unforgivable, EVEN IF you declare bankruptcy (it's a racket, and you can't get out of it, EVER) 5) taxpayers have to bail out all of the bad student loans now (again, a toxic bad debt that can't ever be repaid - that WE have to bailout)
Sound like a scam yet (can you say Fanny/Freddy)? Sound like somebody's making money off of this, while we get left with the check? You're right.
" because there’s no authority to do this, and just think of all this willingness to want to help every student get a college education. So they’re a trillion dollars in debt, we don’t have any jobs for them, the quality of education has gone down, so it’s a failed program."
-Ron Paul
RON PAUL 2012
And i am not posting this as support if anything this would be something against him. This is silly doing away with everyone's ability to get the assistance they need to go to school, and better prepare themselves for the workforce.
I know my spell check is messing me up it wont let me fix it
that evangelistic fruitball was president bushes advisor and George W Bushes advisor and look where this country is Ron Paul played a major part in this countries demise it took a lot of years to have the mess we have Obama didnt even have enough time to create such a disaster people like Ron Paul and other republicans did they had 8 years so should anybody really believe in Ron Paul