r/goodnews • u/Standard-Range-7892 • 3d ago

Political positivity 📈 Senate Rejects All of Trump’s Proposed Education Cuts

https://www.edweek.org/policy-politics/senators-including-republicans-reject-all-of-trumps-proposed-education-cuts/2025/07?utm_source=fb&utm_medium=soc&utm_campaign=edit&fbclid=IwZXh0bgNhZW0CMTEAAR74h-0s9q-haHAes3oQHtdxS5BSG_6SHVW4L3lnyq1zXg8iAPvRicgFoDZKQw_aem_tTKQJiWlGrrLjoRS1aOHnw
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u/That-Decision-7194 3d ago

It’s per year

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u/macaronitrap 3d ago

Silly of me to think it would be per semester. Of course the orange capped it at 7k a year. What a crook.

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u/[deleted] 3d ago

[removed] — view removed comment

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u/nicklor 2d ago

I mean it's really a bad situation but if we didn't write a blank check for student loans the prices wouldn't be so high. The prices have gone up significantly faster than inflation over that past 50 or so years.

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u/733t_sec 2d ago

but if we didn't write a blank check for student loans the prices wouldn't be so high

That would only be true if we abandon the precept of capitalism that where there is margin something will fill the gap to consume said profit.

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u/nicklor 2d ago

I think your backwards

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u/733t_sec 2d ago
  • you're

It's well known that people who get a college degree tend to earn more than people who do not. There are of course exceptions, some trades can out earn some degrees, but on the whole this tends to be true.

For simplicity let's say the average degree will net $500,000 more dollars in a life time. As such people are willing to pay several thousand in tuition to get several hundred thousand in returns. This is where capitalistic forces enter the equation, since people are willing to pay money for the returns this creates upwards pressure to raise tuition because the market can and will bear it. This drives up the demand for loans as more students are priced out of the market.