Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

marble falls

(72,964 posts)

10. And we can start shutting down schools because earning minimum wage and supporting oneself while handing over ...

Reply to MichMan (Reply #7)

Tue Jun 9, 2026, 03:02 PM

10 hrs ago

... $30,000 and more a year checks to collages is a fat joke..

When LBJ started the student loan program under the National Defense Act - it was to get people educated for the national good. I paid less than #3,000 a year for school. Than the banks got interested and the schools raised their prices so the banks could make more profitable loans.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Big changes coming for student loan system starting July 1 [View all] nitpicked 12 hrs ago OP

I know: Raise prices for tuition AND the interest on loans! ... marble falls 12 hrs ago #1

The Federal government took over student loans 15 years ago. They are the lenders and set the interest rates MichMan 9 hrs ago #15

In some cases the solution will be to get a professional degree from a non US university. harumph 12 hrs ago #2

Germany offers free collage tuition to US students, as do a number of other nations. marble falls 12 hrs ago #3

..? SSJVegeta 11 hrs ago #4

It's Manatee 11 hrs ago #6

Would I lie to you on a site of avid fact checkers???? marble falls 11 hrs ago #8

Point taken! SSJVegeta 10 hrs ago #13

Heres some information for you ... marble falls 10 hrs ago #11

I'm glad my children and nephews are done with all that. DFW 11 hrs ago #5

Shouldn't be lending people money that they can't pay back. MichMan 11 hrs ago #7

And we can start shutting down schools because earning minimum wage and supporting oneself while handing over ... marble falls 10 hrs ago #10

Student loans have been issued by the federal government for 15 years, not banks MichMan 10 hrs ago #12

Yes, we should treat higher education today like we did high school decades ago. W_HAMILTON 10 hrs ago #14

There's changes to what is considered full time too for grad students Johnny2X2X 11 hrs ago #9