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Halls of Shrewd'm / US Policy
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Author: bighairymike   😊 😞
Number: of 48486 
Subject: Re: Paying off National Debt
Date: 08/24/2023 8:18 PM
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So things like NCLB, Common Core, "Race to the Top," and other efforts to influence local school policies draw a lot of attention - but again, that's not where the money goes. So you can't get any material savings - and certainly not 90% - by getting them to stop "interfering" with governors. Almost all the DoE dollars are just transferred to state and local schools and colleges. As noted above, only about 9% of the DoE budget goes to everything else. - albaby

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All good points and I ease off on my criticism to some degree. Their generosity with student loans is problematic by making it too easy for anyone who wants to get into college, people who stand little chance of graduating or if they do earn a degree, that knowledge offers little hope of a career or even the ability to pay back their debt. But the worst part is, it allows colleges to keep raising their tuition rates far above the inflation rate year after year after year with the assurance their customers can get all the credit they need to buy their product at any cost. Thus the colleges become overpriced and bloated.
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