I wish that Democrats would answer my question: Why are Democrats funding student debt forgiveness with money from innocent taxpayers, instead of with money from the fraudulent colleges that sold worthless degrees?

By Daniel Alman (aka Dan from Squirrel Hill)

September 5, 2022

I’m against student debt forgiveness.

But since it is happening, I have one question:

Why are Democrats funding student debt forgiveness with money from innocent taxpayers, instead of with money from the fraudulent colleges that sold worthless degrees?

According to the U.S. Bureau of Labor Statistics, between 1980 and 2020, regular inflation has caused average prices to increase by 228%.

However, during that same time period, college tuition has increased by 1,184%.

Source: https://www.reddit.com/r/dataisbeautiful/comments/hni7zy/us_college_tuition_fees_vs_overall_inflation_oc/

college tuition inflation

The student debt bailout is paying for hot tubs, spas, rock climbing walls, steaks, and movie theaters.

Source: https://www.forbes.com/sites/caranewlon/2014/07/31/the-college-amenities-arms-race/

Another area where colleges waste money is in the worthless policy known as “diversity, equity, and inclusion.”

The Federalist wrote:

“Some universities had strikingly large numbers of people with DEI responsibilities in their job titles. At the University of Michigan, for example, 163 people have formal responsibility for providing DEI programming and services. The University of North Carolina at Chapel Hill has more than 13 times as many people devoted to promoting DEI as providing services to people with disabilities. Georgia Tech has 3.2 times as many DEI staff as it does history professors. The University of Virginia boasts 6.5 DEI staff for every 100 professors.”

The Center Square wrote:

“UC Berkeley employs 150 professionals and 250 additional students dedicated to addressing “systemic inequities,” according to a document obtained this week by The College Fix. The public research institution’s Division of Equity and Inclusion spends $25 million annually to support the 400 full and part-time staff to run diversity and inclusion-related programs, according to the document, an eight-page job description for a new Vice Chancellor for Equity and Inclusion.”

So the real problem isn’t a lack of bailout money.

The real problem is that colleges are spending money on frivolous luxuries that have nothing to do with education, such as hot tubs, spas, rock climbing walls, steaks, and movie theaters, as well as on left wing brainwashing known as “diversity, equity, and inclusion,” with its overbloated budgets to pay huge numbers of employees who job duties have nothing to do with education.

Bailing out student loans doesn’t address these huge wastes of money.

On the contrary.

The bailout only gives colleges an incentive to raise their tuition even more.

I wish that Democrats would answer my question: Why are Democrats funding student debt forgiveness with money from innocent taxpayers, instead of with money from the fraudulent colleges that sold worthless degrees?

September 5, 2022. Tags: , , , , , , , , . Dumbing down, Economics, Education, Equity, Government waste, Racism, Social justice warriors.

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