Student Loan Debt CRUSHING Millennials, And The Economy
Tuition keeps going up, wages don't. Ana Kasparian and Mark Thompson, hosts of The Young Turks, discuss. Tell us what you think in the comment section ...
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THE WALL STREET JOURNAL IS REPORTING THAT FOR THE FIRST TIME MORE THAN HALF OF THE STATES IN THE US ARE REQUIRING STUDENTS TO PAY MORE INTUITION FOR STATE SCHOOLS AND UNIVERSITIES COMPARED TO WHAT THE GOVERNMENT IS CONTRIBUTING TO THEIR TUITION. THESE AGAIN ARE GOVERNMENT-FUNDED, THEY ARE NOT PRIVATE SCHOOLS. HOWEVER HISTORICALLY THE GOVERNMENT HAS STEPPED IN AND PROVIDED ENOUGH FUNDING SO THEIR PORTION OF THE TUITION ACTUALLY OUTWEIGHS WHAT THE STUDENTS PAY FOR THEIR TUITION. FOR THE FIRST TIME STUDENTS ARE PAYING MORE INTUITION TO ATTEND THE SCHOOLS COMPARED TO WHAT THE GOVERNMENT IS CONTRIBUTING. WHAT THEY FOUND WAS THAT ALL OF THESE STATES ARE USING THE FUNDING IN ORDER TO PAY FOR THEIR STATE MEDICAID PROGRAMS AND ALSO FOR STATE EMPLOYEES RETIREMENT AND HEALTH CARE SERVICES. BUT THEY ...
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THE WALL STREET JOURNAL IS REPORTING THAT FOR THE FIRST TIME MORE THAN HALF OF THE STATES IN THE US ARE REQUIRING STUDENTS TO PAY MORE INTUITION FOR STATE SCHOOLS AND UNIVERSITIES COMPARED TO WHAT THE GOVERNMENT IS CONTRIBUTING TO THEIR TUITION. THESE AGAIN ARE GOVERNMENT-FUNDED, THEY ARE NOT PRIVATE SCHOOLS. HOWEVER HISTORICALLY THE GOVERNMENT HAS STEPPED IN AND PROVIDED ENOUGH FUNDING SO THEIR PORTION OF THE TUITION ACTUALLY OUTWEIGHS WHAT THE STUDENTS PAY FOR THEIR TUITION. FOR THE FIRST TIME STUDENTS ARE PAYING MORE INTUITION TO ATTEND THE SCHOOLS COMPARED TO WHAT THE GOVERNMENT IS CONTRIBUTING. WHAT THEY FOUND WAS THAT ALL OF THESE STATES ARE USING THE FUNDING IN ORDER TO PAY FOR THEIR STATE MEDICAID PROGRAMS AND ALSO FOR STATE EMPLOYEES RETIREMENT AND HEALTH CARE SERVICES. BUT THEY ...
