A new study published by Ramsey Solutions has found that 53% of those who took out student loans to pay for school say they regret doing so. In fact, 43% of borrowers said they regret going to college altogether.
Article by Patrick Carroll from FEE.
“Student loans often lead to a sense of regret and feeling stuck,” the study concludes. “Those we surveyed feel ill-informed on alternative options to covering college costs. In fact, 71% of those who took out student loans to pay for school say they wish they’d been better educated about debt before taking it on.”
Student loan debt is certainly a massive burden, and many students are realizing that a college education doesn’t necessarily give them the competitive edge they expected. But there are other factors at play that can give us a better sense of why this is happening.
One of the main problems is the government’s involvement in the education system. When the government guarantees student loans, for example, it causes colleges to increase their tuition (as we’ve discussed on FEE.org here, here, and here). Essentially, the government is subsidizing students and thus encouraging them to pursue higher education, even when that may not be the best fit for them. These subsidies lead to an artificially inflated demand, which leads to higher prices. So not only are students being misled about the value of a college education, they are also paying far more for it than they would in the absence of government interference.
And yet, when students graduate, many of them realize that their degree isn’t all that useful, and that they would have been better off pursuing a different educational pathway or entering the workforce earlier in life. This is a really hard situation to be in, and it’s no wonder they feel a sense of regret.
But while individuals should certainly be held responsible for their own decisions, it would be a mistake to overlook the role that the government played in creating this problem. After all, it was the government who coaxed them into attending college with easy money. And let’s be honest, it’s hard to refuse generous loans and grants when you’re 18 years old and everyone in your life is telling you that college is the best path to take.
But when the day of reckoning comes, many young adults realize their mistake. The question that remains, however, is whether we will recognize how the government’s good intentions contributed to the problem.
‘The Purge’ by Big Tech targets conservatives, including us
Just when we thought the Covid-19 lockdowns were ending and our ability to stay afloat was improving, censorship reared its ugly head.
For the last few months, NOQ Report, Conservative Playbook, and the American Conservative Movement have appealed to our readers for assistance in staying afloat through Covid-19 lockdowns. The downturn in the economy has limited our ability to generate proper ad revenue just as our traffic was skyrocketing. We had our first sustained stretch of three months with over a million visitors in November, December, and January, but February saw a dip.
It wasn’t just the shortened month. We expected that. We also expected the continuation of dropping traffic from “woke” Big Tech companies like Google, Facebook, and Twitter, but it has actually been much worse than anticipated. Our Twitter account was banned. Both of our YouTube accounts were banned. Facebook “fact-checks” everything we post. Spotify canceled us. Medium canceled us. Apple canceled us. Why? Because we believe in the truth prevailing, and that means we will continue to discuss “taboo” topics.
The 2020 presidential election was stolen. You can’t say that on Big Tech platforms without risking cancellation, but we’d rather get cancelled for telling the truth rather than staying around to repeat mainstream media’s lies. They have been covering it up since before the election and they’ve convinced the vast majority of conservative news outlets that they will be harmed if they continue to discuss voter fraud. We refuse to back down. The truth is the truth.
The lies associated with Covid-19 are only slightly more prevalent than the suppression of valid scientific information that runs counter to the prescribed narrative. We should be allowed to ask questions about the vaccines, for example, as there is ample evidence for concern. One does not have to be an “anti-vaxxer” in order to want answers about vaccines that are still considered experimental and that have a track record in a short period of time of having side-effects, including death. One of our stories about the Johnson & Johnson “vaccine” causing blood clots was “fact-checked” and removed one day before the government hit the brakes on it. These questions and news items are not allowed on Big Tech which is just another reason we are getting canceled.
There are more topics that they refuse to allow. In turn, we refuse to stop discussing them. This is why we desperately need your help. The best way NOQ, CP, and ACM readers can help is to donate. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well. We are pacing to be short by about $3700 per month in order to maintain operations.
The second way to help is to become a partner. We’ve strongly considered seeking angel investors in the past but because we were paying the bills, it didn’t seem necessary. Now, we’re struggling to pay the bills. We had 5,657,724 sessions on our website from November, 2020, through February, 2021. Our intention is to elevate that to higher levels this year by focusing on a strategy that relies on free speech rather than being beholden to progressive Big Tech companies.
During that four-month stretch, Twitter and Facebook accounted for about 20% of our traffic. We are actively working on operating as if that traffic is zero, replacing it with platforms that operate more freely such as Gab, Parler, and others. While we were never as dependent on Big Tech as most conservative sites, we’d like to be completely free from them. That doesn’t mean we will block them, but we refuse to be beholden to companies that absolutely despise us simply because of our political ideology.
We’re heading in the right direction and we believe we’re ready talk to patriotic investors who want to not only “get in on the action” but more importantly who want to help America hear the truth. Interested investors should contact me directly with the contact button above.
As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report going.