(Robert Kessler) – A couple of comments in response to Mr. Kreps’ letter about student debt. (LVRJ, May 8, 2015). Mr. Kreps thinks the cumulative amount of student debt is a manufactured crisis; he believes the average student debt over 4 years is $30K – no big deal.
If I’m not mistaken, many young people entering college today need remedial courses because they graduated high school not fully prepared for college. So 5 years of tuition – and debt accumulation – may be more realistic.
Second, that debt is incurred to pay the generous salaries of Liberal professors like Bill Ayres and Bernardine Dohrn. Think about that for a minute – our kids are gouged on tuition so they take out large Government backed loans to pay the salaries of Liberal professor who will teach them how bad America is. If the students default or the Government forgives the debt, well – it looks like we taxpayers foot that bill. Hmmm.
Maybe if the Government got out of the student loan business altogether college costs would return to more rational levels.