DaronWestbrooke
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What is Paul's position on federal subsidized student loans and grants? Will they come to an end? Got this tough question last night and I need an answer that won't turn off college students.
Federal Subsidized Student Loans and Grants
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He wants to do away with federal student loans and grants.
Not sure you can spin this as anything other than an issue of fairness.
As he said in his Google speech, it's not fair to take money from taxpayers and use it to fund certain people to advantage them.
Not sure you can spin this as anything other than an issue of fairness.
As he said in his Google speech, it's not fair to take money from taxpayers and use it to fund certain people to advantage them.
angelatc
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From a libertarian standpoint I think you would find that he might agree with that philosophy. I am not sure, but in general, libertarians believe that only the people who use services should pay for those services. If he were running for governor, then we might possibly need to be worried about him dissolving state funded education.
As it so happens, he is running for President. That means he would allow each state to develop their own tax & spend educational plan.
He could give a rat's ass if Illinois decided to fund PhD level education for the entire country.
You have to realize that his philosophy is fairly simple. If the Constitution does not say the federal government should pay for it, then Paul will fight to keep the federal government from paying for it.
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angelatc
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It is hard, because they're so used to being fed from the government teat they don't realize the milk is poison.
You should be able to make your case with economics majors far faster than with the liberal arts crowd.
But it is essentially the same argument as socialized health care. First, there is nothing that would prohibit each state from subsidizing education on a state level.
Second, making loans so easily available, and at rates that undercut the market rate, drives the cost of education up. It also discourages universities from adding financial incentives to attract students.
Spirit of '76
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Point out that one can often get better deals by shopping around to private lending houses.
Also, federal student loans are not dischargeable by bankruptcy. Rack up enough of them, and there's a good chance you'll be saddled with them 'til the day you die.
Also, federal student loans are not dischargeable by bankruptcy. Rack up enough of them, and there's a good chance you'll be saddled with them 'til the day you die.
Spirit of '76
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What do you think bankruptcy is?
angelatc
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Heh. I saw a TV show about credit card debt once, and they had a student on the show who was financing her entire education with credit cards. She was playing the game by paying one card with another, shuffling balances around, etc etc...
The host kept asking her how in the world she thought she would ever pay this debt off, and she just kept saying that after she graduated she would deal with it.
From the look in her eye, I understood exactly what she meant. She was going to file bankruptcy the day after she graduated, but saying it out loud would implicate her in a fraud case.
Certainly not ethical, but amazing what criminal minds can come up with.
angelatc
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Maybe he meant private educational loans.
Spirit of '76
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Precisely.
Kregener
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because of federal subsidies, the college charge a higher tutition from students.
If there are no federal subsidies, colleges or university will have less student, that will drive them to lower the tutition in order to get people back to school.
Also, people will think more wisely about going to college. Is it really worth it.
Since most college have bad quality of services. Poor professor quality. Bias.
It is very important. Money make them thinks.
If there are no federal subsidies, colleges or university will have less student, that will drive them to lower the tutition in order to get people back to school.
Also, people will think more wisely about going to college. Is it really worth it.
Since most college have bad quality of services. Poor professor quality. Bias.
It is very important. Money make them thinks.
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