In response to:

The Student-Loan Scam

John5840 Wrote: May 02, 2012 10:06 AM
I have seen plenty of folks make bad decisions regarding student loans, and would be glad to have a reasonable discussion on that topic. But Medved's commentary ignores too many critical issues to be taken seriously. One cannot reasonably discuss the student loan issue without mentioning that the vast majority of those loan dollars do not go to high end Universities. How could he ignore the difference between graduate/professional borrowing and undergraduate loans? WHy no mention of the biggest problem of all, borrowing at for-profit schools? No mention of the fact that many, if not most, high end schools now offer full rides to any accepted students from a low-income background? His article only serves to obscure the issues.
Snarkasterous1 Wrote: May 02, 2012 11:00 AM
"His article only serves to obscure the issues?'

Um, no, actually, you appear unable to grasp the issues.

The article makes abundantly clear (in fact, one of the PRIMARY MESSAGES OF THE ENTIRE ARTICLE is that "the vast majority of these loan dollars do not go to high end Universities." Are you literate? Did you READ the article? Did the discussion about forcing the many to pay for the few that attend Ivy League schools confuse you? Did that statement that the median student debt is less than $13k baffle you? Or did you think that $13K in loans would get one through a four-year degree at Harvard?

Did the statement that the great majority of student loan debt is held by those younger than 30 not provide any clue to you about....
Snarkasterous1 Wrote: May 02, 2012 11:01 AM
...undergrad vs. graduate/professional borrowing?

It seems that Medved's article, while spot-on, and very incisive regarding the actual issue of import, simply didn't cater to your personal curiosities...and that you managed not to grasp much of what was in the article.

- Snark

Editor's note: This column was originally published in THE DAILY BEAST.

Does it make sense for the government to take taxes from the big majority of Americans who never managed to win college degrees in order to subsidize the pricey education of the fortunate few who get to attend top universities?

Why is it fair to increase burdens on stressed-out working families so the feds can reduce future interest payments on student loans for members of the elite?

Isn’t President Obama’s current push to spend a $6 billion on college-loan relief precisely the sort of rob-from-the-poor-to-give-to-the-rich outrage that...