I mentioned a while ago about the Biden/Harris Student Loan Forgiveness stuff, and how I feel about it. If you didn’t read that post, (don’t blame you – it wasn’t my best) I am for the program, while also admitting fully that this Forgiveness doesn’t address any of the underlining issues of the unaffordability of college. For me, I view this as a first step to correcting those issues, and I know full well that there are people who will not agree with me on this. Some disagree so much that they are trying to sue the Biden/Harris Administration over this program
This Saturday, I received an email from StudentAid.gov informing me that I had been selected to be a Beta Tester for the application process. I wouldn’t say that I felt honored to receive this email, because something in my gut told me that everyone got this email. Or, just about everyone got this email. Either way, I filled out the form on Sunday morning, submitted and received a confirmation email in less than two minutes.
Now I wait and see.
Yet, I’ll believe it when it happens. As mentioned above, I know that several states are suing this program, and from what I read, most likely will fail in stopping the forgiveness, but will delay the roll out. (For the party that is overwhelmingly Pro-Christian values, I find it odd that they always go out of their way to stop any form of forgiveness – debt, wrongful imprisonment, drug convictions) I know, also, that StudentAid.gov has lead me to believe that I qualify for the program. I even checked Nelnet again, and they told me that my loan starts with the correct letter code, so that my loan qualifies.
But I still don’t believe it.
I know it has to do with feeling like I was taken advantage of when I went to college. I had a strange and winding path to university education. When I graduated high school, I went to college right away, but after two years I dropped out. My parents told me that if I stay in school, they would pay for it, but if I left and wanted to go back, I was on my own. And they held to that. I was out of school for four years, and then I decided that I wanted to go back, which meant that the financial burden was on my shoulders. AND, I was going back to school to be a theatre major, so I really knew what I was getting myself into. So, I never felt like the loan took advantage of me; that was my responsibility.
It was the cost of tuition.
My father went to a state public university in 1964, and he paid $20 a quarter for a full load of classes. In 2001, I was paying $2,000 a semester for a full load of classes at my state public university. (And I remember thinking that two grand was an affordable amount to pay.) If you adjust for inflation, then the $20 my Dad payed in 1964, would have cost $141 in 2001. (Today, it’s $191.) And that has always been my question; How did the cost of a college education go from $20 to $2,000, when it should have cost me a little over $141?
I have never received or read a straight, logical answer of why. Some claim that inflation, some say it’s the government cutting support, some say it’s competition between schools, other say that colleges have become more like resorts that schools, others say that colleges are overloaded with administrators and executives.
I had a sociologist professor tell us that the reason school became so expensive is because capitalist doctrine invade universities. She said that in the old days, universities put education, and student quality first, and as long as the institution broke even, no one cared. Then, she said, after the late 60’s when students protested on campuses, universities started bringing in private sector CEO to run their schools, with the idea that these CEO’s would bring order, and efficiency. What we got was college education turned into another American capitalist industry. The new generation of university leaders wanted to make money, so they raised tuitions, and accepted just about everybody who wanted to go to college. These leaders couldn’t get bonuses and stocks, but they could get huge salaries, as long as that endowment kept growing.
Is that the truth? I don’t know because I have never seen anything verify that theory. But, I never seen or heard anything yet explain how we go to this complete unaffordability of a college education. I’m open to suggestions.
For now, I will gladly accept my loan being forgiven, but like I said earlier, I’ll believe it when I see it.
(I see you over there. Don’t be ashamed of your curiosity – embrace it! The easiest way to do that would be giving a like, a share, or a comment to this blog. Even following it will release a great amount of exuberance in you. Trust me!)
