Monday, August 10, 2015

Hillary Clinton's $350 Billion "Free" University Tuition Plan

Socialist Presidential Candidate Hillary Clinton is proposing a new $350 Billion Entitlement, supposedly over 10 years, for Free, or subsidized university tuition along with Free Community College.  Social Security, Disability Benefits, Medicare, Medicaid, ObamaCare and government pensions are all unsustainable and headed toward insolvency; yet Hilly is proposing yet another Socialist Scheme that will probably cost double or triple the number she mentions.  What part of our country going bankrupt don't these Socialists understand. 

Of course, there is no such thing as Free.   Whenever I hear that word, I get crazy.  Taxes would have to go up on the Makers in society to provide Free university education.  The question is why?   The poor already get Free Community College and University education through tuition waivers.   All other students can take out government guaranteed loans, so much so that there are $1.3 Trillion in outstanding loans.  

The fact is that government has made getting these loans far too easy as it is now, which is a major cause of tuition inflation.  The end result is a lot of young people loaded with debt that must be repaid after graduation.  And, worst of all, they can't find jobs in this Obama Economy because Socialists continue killing them.  Of course, students that got their education are now complaining that they have to actually pay back the loans.   They could have worked their way through university, as this Blogger always did; but instead they chose to borrow this money.   And, student loans are one of few debts that cannot even be dispelled by filing bankruptcy.  So no matter how long it takes, student debt must be paid off and or failure to do so will ruin someone's credit. 

What about personal responsibility?  Or I forget, Socialists don't understand the concept.  If a kid chooses to take out loans, rather than work during university to pay the bills, why should the rest of us pay for that kid's university education, since it is the basis for their future financial success, assuming they can find a job.  Like all debts incurred, kids that take out loans should pay for them. 

The poor are exempted from this rule because they are already getting Free Community College and University paid for by the 50% of us that pay all the income taxes in our country.   Let's face it, Hillary Clinton is just trying to buy votes from young people who want something for nothing.  It is the oldest Socialist Scheme in the book and it is bankrupting our country.  It has to stop. 

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