Federal Loans
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Andrew Finnerty
Jun 3, 2010, 5:31:13 PM6/3/10
to Student Association of Michigan
Do Federally backed student loan programs give the signal to
Universities to raise their prices?
This author believes: YES!
I think we must all understand why prices rise (and have risen)
throughout the years. Only until we're on the same page can we
effectively argue our goals.
Please discuss what you think!
Andrew
Universities to raise their prices?
This author believes: YES!
I think we must all understand why prices rise (and have risen)
throughout the years. Only until we're on the same page can we
effectively argue our goals.
Please discuss what you think!
Andrew
Antonio Rafael Cosme
Jun 3, 2010, 5:37:14 PM6/3/10
to studentso...@googlegroups.com
Federally backed loans don't offer incentive for universities to raise their prices. Thats a terrible correlation, probably sponsored by the banks. Its a more efficient use of federal funds. as opposed to government backing up banks and helping students, federal loans are direct and therefore not supporting dead weight.
Aco...@emich.edu
Arc...@gmail.com
Student Body President
(313) 207-2076
“Although individuals are guaranteed rights by virtue of their status as citizens, it is through the exercise of those rights that they assume membership and have a voice in defining the polity and through their civic engagement that citizens sustain their rights.”
Andrew Finnerty
Jun 3, 2010, 5:55:49 PM6/3/10
to Student Association of Michigan
I encourage you to take 10 minutes out of your day and watch this
video: http://www.youtube.com/watch?v=AIcfMMVcYZg
That is directly from Peter Schiff - one of the only people that saw
the housing bubble before it happened (there's even video of him being
laughed at by CNBC). That correlation is not sponsored by banks -
please don't make any fallacy driven straw man arguments. There is an
easily seeable correlation with the rise in tuition since the Federal
Government has backed loans. Any Haliburton employee can tell you how
much more they make after receiving government contracts. The dead
weight is the bureaucracy between the consumer and the school.
Andrew
On Jun 3, 5:37 pm, Antonio Rafael Cosme <aco...@emich.edu> wrote:
> Federally backed loans don't offer incentive for universities to raise their prices. Thats a terrible correlation, probably sponsored by the banks. Its a more efficient use of federal funds. as opposed to government backing up banks and helping students, federal loans are direct and therefore not supporting dead weight.
>
> Aco...@emich.edu
> Arco...@gmail.com
video: http://www.youtube.com/watch?v=AIcfMMVcYZg
That is directly from Peter Schiff - one of the only people that saw
the housing bubble before it happened (there's even video of him being
laughed at by CNBC). That correlation is not sponsored by banks -
please don't make any fallacy driven straw man arguments. There is an
easily seeable correlation with the rise in tuition since the Federal
Government has backed loans. Any Haliburton employee can tell you how
much more they make after receiving government contracts. The dead
weight is the bureaucracy between the consumer and the school.
Andrew
On Jun 3, 5:37 pm, Antonio Rafael Cosme <aco...@emich.edu> wrote:
> Federally backed loans don't offer incentive for universities to raise their prices. Thats a terrible correlation, probably sponsored by the banks. Its a more efficient use of federal funds. as opposed to government backing up banks and helping students, federal loans are direct and therefore not supporting dead weight.
>
> Aco...@emich.edu
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