Quote:
Originally Posted by Jim in CT
tell me why i’m wrong.
Posted from my iPhone/Mobile device
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Because you're just wrong.
First off universities are non-profit organizations. Second, Harvard has an endowment of 38 billion dollars, about 1/2 of their students don't even pay much if any tuition. 400k for an esteemed professor of her stature at one of the top schools in the world isn't in any way out of line.
If you'd bother to actually read what Warren was professing you'd see she's argued the government should underwrite student loans at a rate similar to what the banks get to borrow for to minimize profit either by private lenders or government profit.
It may not be a silver bullet to solve the cost of higher education but it's in no way hypocritical at all.