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Education Should Be FreeThere is nothing more important to the modern world than education. That is why I find this article in the Times and the argument it reports to be galling. It's disgusting. For far too long the student loan companies have made far too much money for nothing, for something the Federal Government should have been doing all along. Look at the changes that overcame our country in the wake of the GI Bill after WWII? We had an exceptionally well educated middle class that had the knowledge and power to make America a better place. And now? Here's a choice piece of infamy from the article in question:
Fucking 'A right on that one. It's the Federal Government's job to do so. Sallie Mae be damned. The only people who should profit from education are students and their teachers. Not some greedy executive who made $4.6 million in cash and options last year and flew around on a private jet, while Community College instructors work for a pittance and students pay outrageous interest rates on loans that shouldn't even be loans. They should be grants. Repeat after me: education, even a higher education, should be free. And it is not something that the Federal Government can't do. Part of the miracle that is modern South Korea is how their government spent a good portion of the 70s and 80s building universities across the country and sending students there for free. But here's the real issue, lemon-socialism:
Well, if you can't get the private capital you don't deserve the profits. Period. This is one the government can do better than the 'private' lenders. Sean Paul Kelley April 13, 2009 - 3:45am
( categories: Miscellany | USA: Domestic Issues )
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