today while listening to some conservative talk radio, I was informed (and later factchecked) that part of the debt deal that will hopefully reduce yearly deficits will in part be funded through graduate student loans. In short, the subsidy that allows for deferred interest payment on the principle of a loan will be taken away, thus forcing graduate students to begin paying off loans while still in school.
I have mixed and very strong feelings towards this issue, and would like this to be an open forum to discuss the topic. (since many of you, like me, are recent college graduates and/or young adults with first-hand experience in this area).
Predictably, the conservative radio host quickly turned the subject away from the issue of government subsidies for education (IMO a good thing the Gov't does well) and towards liberal bashing, citing two things that I'd like to pose to you all:
1. Government intervention in schooling is responsible for the large gap between inflaton and rising tuition costs; if gov't were to turn over student loans to the private sector, costs would decrease and more people would be allowed to enter college
2. Liberals (IE Gov't) want to be in control of the distribution of the best loans (Pell Grants and subsidized loans) because college is a breeding ground for the liberalization of America
So what do you think? What is your opinion on the rising cost of higher education? What do you think causes it? What role does government have in higher education, if any? Why are conservatives seemingly so anti-higher education?
I have my opinions on the matter, but I'd like to hear yours.