Teachers and school admins: Thoughts on this school budgeting idea?

[tarheelbybirth]

Beyond the existence of the DOE?,.. apparently not enough.

As suspected, you have no f'n idea. Hardly surprising.

 

[Bulldogs1974]

Low interest loans are what college students need, vs "loan forgiveness".

Paying 6-10% on student loan debt is what crushes them. Many (if not most) paid back the equivalent principle years ago.
I'd posted on here years ago, that college/university endowments should be underwriting 1-2% loans for them; that accomplishes a few things, including:

• Putting the institutions fully 'on the hook' for repayment, incentivizing them to provide quality education that enables payback
• Providing affordable loans to student who need them
• Adjusting loan limits vs. the curriculums provided (e.g. not lending a shit-ton for majors that are less likely to provide adequate income for loan payback, which may also mean they adjust tuitions vs. those curricula)

that's a good idea. some of these schools are sitting on mountains of cash.

 

[Bulldogs1974]

I wouldn't consider federal DIRECT loans to be "low interest loans"...

they are by definition when you compare them to the God almighty private market.

 

[SIXERS24]

I love it!

Block grants to the States!

Billions more to the kids!

257 Billion would go along way

 

[Joes Place]

that's a good idea. some of these schools are sitting on mountains of cash.

Government can even help underwrite for those w/o "mountains of cash", but keep them "on the hook" for collecting the loans to their own alums