LogFAQs > #905154826

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TopicWhy is socialism so prelevant amongst the unemployed and the uneducated?
CommonJoe
07/16/18 1:07:59 AM
#22:


Who exactly was supposed to pick up the tab when you guys bailed on your college loans? Seriously, I want to know.


Issue I find here is why a college education costs as much as it does. Have much the same issue with medical costs.

Fun fact: Many hospitals will discount a bill upwards of 50-70% if you dont have insurance. Then, if it goes into collections, they further authorize another 50-70% reduction of the remaining total. Really calls into question why they charged so much to begin with doesnt it?

Sure, some of this is tax breaks and other loopholes that keep the hospital in the green as far as the debt goes, but even so. And mind you this when the debt isnt even being sold off.

I imagine college costs are more or less the same. Extremely inflated disproportionate to the services actually rendered.
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