Can Liberals and Conservatives Agree on The Student Loan Bubble

Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.

I quoted an article from Mother Jones about the student debt bubble and now from the American Spectator: “On the left, conventional wisdom is that students are “investing” in themselves, and that the benefits of a college degree still far outweigh the costs. On the right, opinion has gelled that too many people are going to college, earning useless degrees, and ending up either unemployed or as baristas. Reagan’s second secretary of education, William Bennett, has a new book simply titled Is College Worth It? (which I reviewed for RealClearPolitics).
The right and left are talking past each other when it comes to the student loan crisis. Yes, Americans with bachelor’s degrees make a good deal more money than those with only high school diplomas. So college is an investment — if one can finish. But as Bennett and his co-author, David Wilezol, point out, more than 40 percent of students attempting college fail to graduate within six years.
Let’s just say it: That’s insane. Right and left should be able to agree on at least that much.”

Libs and Cons Agree–The Empower Network Makes Money–See How

The graphs that Mother Jones had in their article were really informative, but yet I have to agree with the author of the American Spectator article that college is not a good idea for everyone, nor is it a guarantee of success for everyone. That has been proven the past few years and college attendance and the loans to go with it have not been nice for too may people. I don’t know how things will shake out, but a standard definition of insanity is doing the same old things over and over and expecting different results. More people need to spend more time thinking about a college education and either delaying it until they are sure of a career or bypassing it all together and getting vocational training or other shorter, less expensive training that will qualify them for the same jobs they would be getting after 4 years of school.

Get Educated with the Empower Network and EARN as you LEARN