General Discussion

Mass

(27,315 posts)

24. Low interest rates are a minimum. Why not lowering college tuition by

Wed Jul 24, 2013, 02:24 PM

Jul 2013

getting the government to invest more in at least public education.

My son graduated from college with $20,000 in debt (UMass system). He went to France for a grad degree: 500 euros a year, including health insurance.

So, if progressives want to do something, they should stop asking for stop gap measures and start pushing for a decent policy for higher education.

Note: I still have a son in college. While I think the deal announced is ridiculous, it is still better than the status quo. Get the best deal possible for the short term and move on to proposing significant reforms.

ADDED
Happy to see Obama talk about the obvious in his speech today: the soaring costs of higher education. Too bad that my senior senator misses the point. This is about more than interest rates. The whole system stinks.

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The Whole System Stinks, By Elizabeth Warren [View all] G_j Jul 2013 OP

K&R Cleita Jul 2013 #1

K and R (nt) bigwillq Jul 2013 #2

So interest will only rise to 6.8 percent? abelenkpe Jul 2013 #3

Only. Wednesdays Jul 2013 #14

The only way this kind of abuse is going to stop is for the American People fasttense Jul 2013 #58

i read in the republican version, 10.5%, with early low 'teaser' rates. i agree, it used to be HiPointDem Jul 2013 #33

k&r Puzzledtraveller Jul 2013 #4

Yep, "the whole system stinks" - and this is the tip of the iceberg... polichick Jul 2013 #5

How true Awknid Jul 2013 #48

Our next President. nt bemildred Jul 2013 #6

Your lips to God's ears Demeter Jul 2013 #7

If only the people decided these things... polichick Jul 2013 #9

Definitely. Fearless Jul 2013 #34

She will tear them to shreds. It's will be fun. nt bemildred Jul 2013 #36

Kick Scuba Jul 2013 #8

Auto K & R Le Taz Hot Jul 2013 #10

I wish there were more Elizabeth Warrens... whttevrr Jul 2013 #11

Rush Holt, an Elizabeth Warren Democrat, is opposing Third Way corporatist Cory Booker Zorra Jul 2013 #13

Wish there was a way to Kick and Rec your comment, also. Myrina Jul 2013 #16

Thank you for spreading the word about Rush Holt.. mountain grammy Jul 2013 #31

Sen. Holt...has a nice ring to it! BornLooser Jul 2013 #38

K&R bahrbearian Jul 2013 #12

K n R Myrina Jul 2013 #15

Am I right that she is saying these high rates are here to stay or go higher? She is conceeding Dustlawyer Jul 2013 #17

Yes. djean111 Jul 2013 #51

Elizabeth Warren...... Little Star Jul 2013 #18

Back when I went to school . . . aggiesal Jul 2013 #19

knr Douglas Carpenter Jul 2013 #20

This whole thing DOES stink. bvar22 Jul 2013 #21

I could not agree more. I had not seen your post when I posted, Mass Jul 2013 #25

+1000 JDPriestly Jul 2013 #40

Indeed nil desperandum Jul 2013 #52

Instead of charging interest on student loans, the government should be subsidizing the students. RC Jul 2013 #22

Thank you. AnotherMcIntosh Jul 2013 #23

Low interest rates are a minimum. Why not lowering college tuition by Mass Jul 2013 #24

Maybe if we invested less in internet and phone surveillance we could afford to invest more in JDPriestly Jul 2013 #42

I'm glad she's in the Senate deutsey Jul 2013 #26

My grad school tuition, 1970: $200/semester, all the hrs you could stand... Eleanors38 Jul 2013 #27

F- Hillary. Elizabeth Warren for president Phillyindy Jul 2013 #28

^^^THIS^^^ nt NorthCarolina Jul 2013 #43

If Elizabeth were President, she could VETO bills like this. PADemD Jul 2013 #29

+1000. And, she'd use the 'bully pulpit' to maximum effect. reformist2 Jul 2013 #32

With this Congress, Warren would probably get less done than Obama has. bigwillq Jul 2013 #54

Agree, but . . . hueymahl Jul 2013 #30

HUGE K & R !!! WillyT Jul 2013 #35

Our government shouldnt be making money off student loans. nm rhett o rick Jul 2013 #37

Dbl. kick and rec. for the Honorable Senator Elizabeth Warren BornLooser Jul 2013 #39

K&R forestpath Jul 2013 #41

Dis-heartening. blackspade Jul 2013 #44

Hopefully there will be some legislation following these lectures. blkmusclmachine Jul 2013 #45

K&R emsimon33 Jul 2013 #46

kick woo me with science Jul 2013 #47

Proposal Back to Basics/Keep It Simple CdnExtraNational Jul 2013 #49

agreed G_j Jul 2013 #50

Kick and Rec. n/t Smarmie Doofus Jul 2013 #53

Just a fiery speech; it's actions that count frazzled Jul 2013 #55

Geee snort Jul 2013 #56

Ask anybody (who's not profiting from the scams)... Octafish Jul 2013 #57

K & R ctsnowman Jul 2013 #59