netmouse: (Default)
netmouse ([personal profile] netmouse) wrote2022-08-27 08:21 am

Student debt is based on an inflated price in the first place

With regard to the student debt reduction, I see this as the federal government taking on a cost the states should have contributed to more.

I paid off my student debts from college in the 1990s, but also know college got around 5x more expensive since then, which I think is insane. So I don't resent debt reduction for others.

My bigger concern is what's being done to a) make K-12 education more equitable, practical, and relevant, plus b) what's being done toward re-funding public higher education (and reducing the administrative bloat). Many states went from funding around 70% of the budgets for state universities to funding less than 7%. It's deplorable.