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 Student Loan 'Forgiveness'?
Eleua 23k posts, incept 2007-07-05
2022-05-02 17:07:40

Let's say the University of California Los Angeles issues a bunch of loans for students whom ultimately fail and declare BK.

It could be University of Washington, U of Illinois, SUNY, Florida State, etc.

If the state run university eats a billion dollars worth of bad loans, does not that just backfire right to the state budget, and ultimately the taxpayer?

Either that, or the state has a sane legislature (what are the odds the same legislature that authorizes this nonsense ultimately gets fiscally responsible when it blows?) shutters the university.

I'm in favor of it, and like the idea, but how do we get to a point politically where the taxpayer doesnt ultimately eat it?

For a private university, it seems a bit more easy to enforce, since (in theory) there is no .gov backstop.

It would further seem that private religious universities would then be on the hook for money, and then still face a MASSIVE, MASSIVE, MASSIVE ethnic discrimination suit, because those universities would be really looking out for two things:

Ability to pay
Aptitude and follow-on success

Neither of which have a high correlation (other than strong inverse) with Diversity.

Then (this just came to me), if women from these religious schools had a mind to exit the work force and start families, their degree either becomes worthless and they can't pay on it, or a burden on their new husband, who may wish to seek women without this financial anchor.

We may be in a situation where a school like TCU is taking White males wildly out of proportion to what the University of Texas is taking, since UT's loans to Diversity are ultimately backstopped by the .gov, and TCU spends whatever savings they have paying for Lawfare.

I'm not opposed to putting this on the university, but the entire political reality is the cancer.

The current system is already cancer. I'm just trying to think out loud on this topic.

Diversity + proximity = WAR

-The facts do not care about your narrative. The "GREAT NOTICING" continues apace.
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