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Originally posted by Maslo
reply to post by EarthCitizen07
Higher education should not be backed by government loans.
I think the best system would be that you pay for education retroactively, only after you finish it and get a job, and the amount you pay would be certain % of your salary for a specified time (not a fixed sum). That way, you dont have to worry about money or debt when you are studying, and at the same time universities would have an incentive to offer programs that would be financially profitable for their students (wanted on the market).
It would also eliminate unnecessary middlemen like banks.edit on 3/6/12 by Maslo because: (no reason given)
"I have sometimes doubted whether the laws peculiar to England, which compel the rich to maintain the poor, have not given the latter a dependence, that very much lessens the care of providing against the wants of old age."
Franklin went on to include private and sectarian charities in his critisism.
In 1750 Dr. Thomas Bond of Philadelphia decided that the provinces needed a hospital. He tried to interest the citizens but failed, so he went to Benjamin Franklin, who immediately and enthusiastically threw his influ ence behind the project, and prepared the public mind by newspaper public ity. Then, realizing that the amount of money which could be expected from private subscriptions would not suffice, he went to the legislature and asked for financial help. Failing in his original attempt, he suggested to them that if private subscriptions could be secured, totaling two thousand pounds, the legislature might supply an equivalent sum. The legislators, feeling confident that no such sum could be raised pri vately, agreed to the proposition. Thus armed with the first matching funds in history, Franklin was able to obtain two thousand pounds from the local citizenry - ”and got his two thousand pounds from the legislators. He says in his autobiography: "¿I do not remember any of my political maneuvers, the success of which gave me more pleasure, or wherein, after thinking of it, I more easily excused myself for having made some use of cunning."
Originally posted by timetothink
The founders were NOT socialists:
“I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.”
― Benjamin Franklin