Results 1 to 9 of 9

Thread: Unintended Consequences of Government Student Loans

  1. #1

    Default Unintended Consequences of Government Student Loans

    I just wrote this article to explain the consequences of the government providing student loans. Feel free to pass this along to anyone that you think could be persuaded. This article is a good example of how we should be persuading liberals. We need to explain to them that by supporting federal student loans they are really helping the schools, and not the students.

    http://www.truthinexile.com/2012/10/...student-loans/



  2. Remove this section of ads by registering.
  3. #2

    Default

    Well written and articulated.

    Bumpage.
    “One may come to the aid of another being unlawfully arrested, just as he may where one is being assaulted, molested, raped or kidnapped. Thus it is not an offense to liberate one from the unlawful custody of an officer, even though he may have submitted to such custody, without resistance.” (Adams v. State, 121 Ga. 16, 48 S.E. 910).

  4. #3

    Default

    I've been reading up on Fabian Socialism. Not all consequences are unintended. Driving the price up so high that the government has to step in and take control is certainly something that the government could support.
    .[QUOTE]"Every great new thought was opposed. Every great new invention was denounced. The first motor was considered foolish. The airplane was considered impossible. The power loom was considered vicious. Anesthesia was considered sinful. But the men of unborrowed vision went ahead. They fought, they suffered and they paid. But they won." - Ayn Rand, The Fountainhead[/QUOTE]
    ..
    .

    I blog at Red State Eclectic, and I tweet here,.

  5. #4

    Default

    Well written!

    you should both bold this section and take the last part and put as a subtitle to the title. That's the money paragraph!

    "If you want any good to be as cheap as it can be, you need to allow for competition. Without government loans, the schools would be forced to lower their prices lest they lose customers. Today, they are being guaranteed customers regardless of how expensive they make their service."

    We were just discussing putting together something like you just wrote over here:

    http://www.ronpaulforums.com/showthr...f-cats!/page10

    see post 94

    We want to saturate media, especially local media and as part of that I found a list of over 4,100 college newspapers n/ we were thinkin' that an article on what a scam student loans are and the really abysmal employment numbers are for college students. That to get peoples attention, and segue into how only writting in Ron Paul or voting for Gary Johnson will fix this situation.

    In the post I pointed to, there are several links on the issue you might want to read. You might want to add something on the textbook scam and it's either that tuition inflation is twice what normal inflation is and medical is 4 times OR medical is twice and tuition is 4 times.

    Anyway, we were looking for someone to write this, and <cough> someone seems to have... How would you like to be published in thousands of schools local paper?

    -t
    Public education is not education ... it is schooling.
    Our military is not defense ... it is warmongering and empire building.
    Government police do not protect ... they control.
    Regulations do not regulate ... they protect the status quo.
    Government banks do not distribute money based on effort ... it is gifted to close friends ... and some of it trickles down.

    The result is war, poverty, fear, chaos, and hopelessness for most people with abundance for a few elite.
    -Travlyr

  6. #5

    Default

    Quote Originally Posted by tangent4ronpaul View Post
    Well written!

    you should both bold this section and take the last part and put as a subtitle to the title. That's the money paragraph!

    "If you want any good to be as cheap as it can be, you need to allow for competition. Without government loans, the schools would be forced to lower their prices lest they lose customers. Today, they are being guaranteed customers regardless of how expensive they make their service."

    We were just discussing putting together something like you just wrote over here:

    http://www.ronpaulforums.com/showthr...f-cats!/page10

    see post 94

    We want to saturate media, especially local media and as part of that I found a list of over 4,100 college newspapers n/ we were thinkin' that an article on what a scam student loans are and the really abysmal employment numbers are for college students. That to get peoples attention, and segue into how only writting in Ron Paul or voting for Gary Johnson will fix this situation.

    In the post I pointed to, there are several links on the issue you might want to read. You might want to add something on the textbook scam and it's either that tuition inflation is twice what normal inflation is and medical is 4 times OR medical is twice and tuition is 4 times.

    Anyway, we were looking for someone to write this, and <cough> someone seems to have... How would you like to be published in thousands of schools local paper?

    -t
    That sounds like a good idea. I'll take a look at some of the links in that post, later. I just added a graph showing tuition costs vs overall inflation, and I added that tuition rates rise at about twice the rate of inflation.

  7. #6

    Default

    This is a perfect example of how new money drives up prices (including salaries) at the points where it enters the market, in this case through government grants and bank credit, while prices (including salaries) elsewhere in the market stagnate. The same goes for health care and housing. The people working near the money spigot benefit from inflation while those far away from it suffer.
    The proper concern of society is the preservation of individual freedom; the proper concern of the individual is the harmony of society.

    "Who would be free, themselves must strike the blow." - Byron

    "Who overcomes by force, hath overcome but half his foe." - Milton

  8. #7
    Member
    Join Date
    Jul 2010
    Location
    Land of Indians
    Posts
    26,027

    Default

    In my Home State , avg student loan debt runs around 28K , last I looked, the County that one of the main Universities is in also is poorest for the state using per capita income.

  9. #8
    Member Zippyjuan's Avatar
    Join Date
    Feb 2008
    Location
    Out Of This World
    Posts
    20,832

    Default

    In taking over the student loan program, the government claimed that it would eliminate the additional costs to borrowers of middle men issuing the loans which would mean lower costs for borrowers.
    I am Zippy and I approve of this message. But you don't have to.

  10. #9

    Default

    Great article. Thanks for posting.

    The cost of education is so high that the majority of college (with a few exceptions) now nets you a negative return on investment.
    Ron Paul: "For those who have asked, I freely confess that Jesus Christ is my personal Savior, and that I seek His guidance in all that I do."






« Previous Thread | Next Thread »


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •