Quote:
Originally Posted by Munchkin03
When Bill and Hillary graduated from Yale, there was a system where everyone from their class who had taken out loans put them in a common pool, and paid back based on their income. As Hillary says in her book, it was great for them because they were public servants/working for the people right out of school (and yes, law professor at a state school is a public servant to me), but the people who went to big firms and stayed basically subsidized their law educations.
Also, we can't forget that the Clintons' Yale educations were possibly 10-25% of the cost of the Obamas' Harvard ones.
Whether or not the candidate knows the pain of student loans isn't that important to me...people of all socioeconomic backgrounds take them out, and some people pay them off right away, and others stretch out the payments to subsidize their lifestyles. One of our close family friends is a doctor, and 30 years out of med school, she buys a new car and boat every year, but guess what? She's still rocking out the loans (and makes smaller payments than most non-doctors I know).
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this is where I was going with the whole student loan thing... though I admit I didn't say it as eloquently as Munchkin did.
I'd also add that going to college is a privilage, and not a right. If you want to go to college, grad, or medical, or law school, there is a price for it. If you don't have the money to pay in cash up front, you find another way if you want to go (i.e. take out loans) or work through college. If you take out loans, you start paying them back after you graduate.
There are even some programs (Teach for America for example) that will help you pay them if you teach or otherwise help out in certain ways.
What more do we really want?
The cost to go to college will always be rising. The demand is also rising. It's called economics.
I just don't like the fact that Obama is trying to use his "I just paid off my student loans, so I know what's it's like and I'm just like you so you should vote for me!!" to try to appeal to everyone.