Saturday, December 24, 2022

A $230,000 student loan: loan forgiveness is not the issue - cost - is the issue.

Maybe it's time to investigate the creditors, loan processors and even better the university system financial aid offices.

           PHOTO CREDIT:  Shane on Unsplash

A $230,000 bill for college tuition and... take a read of this article and it's the cost of the education that is suspect....

It may also be time to remove the non-profit tax exemption statuses of universities as well. The feds need money, the universities really do not. Tax exemption to the acedemians and funded researchers who are being paid mostly by student loan money (except those research projects funded by...).  

The Biden Admin, the folks at Navient, the Missouri MOHELA loan processing corporation, the gazillion lawyers, the Supreme Court - and hell I don't know how many other political blame the other guy parties involved in these shenanigans- who are supposedly waving the flags of "helping" or "saving" us all from the opposition.... just ABSOLUTELY MISSING THE POINT.  

Say what you want ... this guy has college degrees that cost $230,000 - without bank interest clearly known. and I thought that was shameful. TWO HUNDRED AND THIRTY THOUSAND DOLLARS.

No comments:

Post a Comment

Please share your comments! Comments are moderated, but generally most (and I try to do all of them) are posted! NOTE: I do not provided therapy by blog --- but I will reply in general terms to nearly all posts! Interested in online therapy ideas? Learn more at TalkifUwant.com