Peter Schiff: Somebody Has To Pay For Student Loan Forgiveness

Discussion in 'Economics' started by The_Krakenite, Aug 27, 2022.

  1. DaveV

    DaveV

    I agree. Public universities should be free, because a) the state and federal governments are already paying more than half the cost of running these universities; b) it will force down the cost of private universities since they now have to compete with free universities.
     
    #31     Aug 28, 2022
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  2. ET180

    ET180

    Education is free and has been for a long time.


    https://ocw.mit.edu/
     
    #32     Aug 28, 2022
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  3. Sprout

    Sprout

    You speak truth;

    7BBC6F45-A60A-415F-AA5C-F145F7AF1416.jpeg
     
    #33     Aug 28, 2022
  4. gkishot

    gkishot

    Without a strong security the country has no own unique identity. Maybe that's what you want. Dissolve the army, dissolve the country.
     
    #34     Aug 28, 2022
  5. deaddog

    deaddog

    For all the US spends on the military they seem to have trouble winning wars or getting other countries to listen to them.
     
    #35     Aug 28, 2022
    nitrene likes this.
  6. nitrene

    nitrene

    I think the US relies on their covert wars via black ops & assassination squads to do their foreign policy. This was especially true in the LatAm wars of the 80s & 90s. I mean they literally assassinated an elected leader of Chile and put the military in its place. And of course the endless chaos in the middle east caused by the neocons.
     
    #36     Aug 28, 2022
  7. So anything short of spending a large multiple of what any other country spends is tantamount to dissolution? Fascinating. Then why take offense when I suggest you spend even more? Make up your mind; are you on the boat or off the boat?
     
    #37     Aug 28, 2022
  8. VicBee

    VicBee

    Lol, where did you get that from? You win a gold star for most ridiculous statement of the month.

    Costa Rica has no military but, as far as I know, it's still a country.
     
    #38     Aug 28, 2022
  9. VicBee

    VicBee

    This is an entirely different but fascinating subject to address. For all its garbage, the internet also provides an amazing amount of free education for those who want to learn just about anything from recognized universities or people of knowledge willing to share it for free.
    At the same time, for better or for worse, employers look for delivered degrees from universities as validation of education and use ranked evaluations to choose individuals from the highest ranked institutions. None of these universities in the US are free, and all are expensive.
     
    #39     Aug 28, 2022
  10. VicBee

    VicBee

    Agreed, except for the referendum for raising taxes. All that is needed is to take 10% of the military budget (the largest budget of any country in the world by far, both in absolute and per capita basis) and assign it to public universities so that American kids of any economic class can study for free.

    :sneaky:
     
    #40     Aug 28, 2022
    Sprout likes this.