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Message: <blockquote data-quote="The Bell Tolls for Thee" data-source="post: 132108087" data-attributes="member: 1812660">College and student loans are nothing but a racket in the 21st century and it is obvious to anyone with a brain. The claim is that student loans are a crisis that warrant forgiveness, aka tax payer subsidized, but the process of giving out the loans is still in place and not even discussed despite being the source of this "crisis".  It is a mutually exclusive position to advocate for student loan forgiveness while not advocating for reforming the ease at which students can obtain loans.Student loans have allowed the higher education institutions to increase tuition at a rate far higher than economic inflation.  It also allowed them to accept more and more students at this higher rate.  The universities are then incentivized to keep the student in school for at least the 4 years to keep getting those student loans.  So ultimately the students are screwed because they are paying more for a "higher" education even adjusted for inflation than students 30 years ago.  The education is watered down by increasing class sizes and thus loses its value at separating your resume from the next person.  So the student loans have made universities and colleges richer at the expense of costing the student MORE for a LESS valuable education.Under normal circumstances, a lending institution will weigh the risks and benefits of any loan given.  When dealing with a student loan where there is nothing of value to salvage such as a car or home if things go wrong, these institutions would need to be even more vigilant with who receives a loan.  In a fully private system, the student's major of choice and likely high school credentials would be used to weigh the chances the student succeeds and whether that success ends with a degree/skill set which would lead to an income capable of repaying it.  With government subsidized, aka tax payer insured, loans the lending institution can just give 6 figure loans to any student accepted to any higher learning institution despite that student majoring in something where the average graduate makes less than 40K/year.Universities are overwhelmingly left in their politics.  Anyone who cannot see this is blind or willfully ignorant.  Universities and colleges have been at least a decade ahead of the most progressive moves from sexual liberation, to socialism, to same sex marriage, to transgenderism.  The vast majority of professors at higher learning institutions vote democrat.  Therefore one political party has an incentive to funnel as many young, impressionable minds into a system that overwhelmingly reinforces their ideology.  Hence the democratic party has an incentive to endorse loan forgiveness.  The democrats like Bernie and Jill Biden have pushed the idea of free, aka tax payer funded, college.  So giving tax payer insured loans and then forgiving them is the exact same result with a more steps.  Hence loan forgiveness is no different than a pre-existing democrat party position.So the democrats have a system where a large number of youths get an education with a democrat spin on it while also subsidizing the overpaid university staff that are voting constituents.  Then they forgive the loans while still giving out the loans in the same manner to continue the cycle of suckling from the government teat.  Its obvious why democrats want student loans without any stipulations along with student loan forgiveness or free education.  It is without a doubt a corrupt system that benefits politicians and useless university professors at the expense of the students an, much more so, the average tax payer.</blockquote>

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