After 25 years it's forgiven? Only if you've paid every single payment in full and on time for 25 years without a single late, deferred, or partial payment ever which would leave no balance....so I call bullshit. My 75+ year old mother in law is still paying hers.

But @bobknight33 is anti education, so not a surprise he's uneducated on the facts here.

Jr College is about $1000 for a full year, that's what's going to be free, not Stanford and Harvard. These credits usually transfer, so successful students get freshman and sophomore year cheap then can go to an expensive four year university for only two years, unsuccessful students don't waste the time and money. I just kept going to Jr college to learn for 10+ years because I didn't care about a diploma, just the knowledge. I studied under some of the highest ranked teachers in America for pennies.
Even welders and plumbers need education, Bob. I know, I was a welder/fabricator before I retired. Physics and math were tools I used daily.

Such stupidity, Bob. You think college isn't worth it if society pays for it, but is definitely worth it and something to brag about and lord over the uneducated if daddy paid for it. Incredibly unAmerican, comrad, and stupid.

An educated public is far more productive. This helps the entire country.

Don't know this Stossel guy (seems like a tool), but was always a fan of Mike Rowe, and also his initiative to get more workers in the trades.

I've seen plumbers (2-yr degree + certification) with higher hourly rates than lawyers (8-yr degree + bar exam). I also know a guy who makes more now as a general contractor than he did as a DBA (B.S. in Computer Science).
I think part of this is supply & demand- not as many tradespeople so the wages go up to hire those willing, and the cost of higher wages gets passed on to the customer.

But the point of this video isn't "should you go to college?", it's "the liberals want hard-working people to pay for college for all these liberal students", which is a false premise and why I can't upvote it.

I think community college should be taxpayer-funded for those students who want more than just high school. (but they should have to maintain certain GPA to remain free)
As far as other private Universities, they should be able to charge for it. Colleges that receive Federal or State money should have a cap on the rate that tuition can increase per year (maybe based on inflation). Over the past 20 years, most college tuition has gone up way more than inflation or wages.

Rather than student-loan forgiveness, I'd rather see a federal program that will help those students who couldn't finish school go back and get their degree (where it will pay for itself) or get a different degree. Most of this sub-$10k student debt they talk about is for students who never got their degree.

Stossel is a far right propagandist these days.

My theory is they waste money by offering loans for the first two years at major private universities....knowing that the classes are designed to weed out >75% of students before their Jr year. Jr colleges aren't designed to fail or burn out most students, class sizes are exponentially smaller, and the teachers are often better, certainly more accessible to students.
By offering to loan the money they knowingly set up that 75% for failure and long term debt for nothing. By paying for those two years at Jr colleges they could let students figure out if they are capable of a full degree without the enormous expense. As long as the Jr colleges are qualified, 4 year universities will usually transfer credits already.

As to trades...yes perhaps professionals can, under some circumstances, make as much as some white collar professional, even lawyers, but that certification takes years of low paid apprenticeship to qualify for. I welded for years, I built bridges, water tanks, construction tools, industrial ovens, crash attenuatiors, race cars, boats, .... my average wage in that time was barely over $10 an hour, and never over $20. It takes a long time to start earning a real living wage in most cases.

Moving this video to bobknight33's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

This video has been discarded due to negative votes by members.

This video has been discarded due to negative votes by members.