Comment Re:Not so simple. (Score 1) 1138
One thing that I find unbelievable is how many people out there have complained about abusive practices on the part of banks issuing college loans and the lack of government intervention and yet nobody seems to be saying a word about the universities themselves. Universities are among the most inefficiently run entities out there who like the government and raising taxes the solution to their problems is always raising tuition. It's obscene what universities charge for tuition and yet nobody complains. There's nobody fighting to force colleges to keep spending under control and bring down the cost of education. It's no wonder so many people end up buried under student debt.
A rather funny thing happened at my university recently. Some fraternity was pulling a prank where 2 people jumped out of an unmarked white van to 'abduct' some initiate. Now seeing this happen someone on the street called the cops and thus the university sent out texts to everyone on the e-alert list. A few hours later it was discovered to be a prank, so the university sent out another text to tell everyone not to worry. The next day the university blasted these kids and told everyone the cost of the two texts: $7,360. I get about 4-5 texts a week from them. I have no idea how they spent $7,360 on (at most) 40,000 texts.