realr0ach
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March 08, 2019, 10:55:03 AM

The USA is corrupt.  Don’t blame it on government subsidies

You need an IQ of zero to not be able to figure out that education in the US is stupidly expensive because the US govt is underwriting the loans.  It's supply and demand.  There's a finite amount of teachers and classrooms, so if you create loans that anyone can take without putting up any collateral, EVERYONE will take them and cause the price to skyrocket to artificially high prices and then probably implode the financial and education system with it.  

If it was real capitalism, you would have to apply to a private lender without the govt involved and nobody would get student loans without putting up collateral, and yes, less people would get loans, but the ones who did get them would only take a few years to pay them back instead of 20+ years.  People claim the system HAS to exist this way to give a chance of upward ability to black noggers from the ghetto, but that's all a scam.  The system exists this way solely to drive up prices and force people into bigger loans that end in life long debt slavery.