Thursday, March 17, 2011

Thought of the day: national debt, student debt

Today, we have the news that student debt figures relating to the proposed rise in tuition fees may be much higher than feared. (Details here.) This brings us to my thought of the day:

If the country should engage in austerity measures because we should all work hard together to ensure we are debt free, then why does the country insist in growing the number of citizens in future generations who have ever larger debts to pay for the education the government pushes them to acquire?

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