Heather Travar: Leveling loans

Regarding the Dec. 30 opinion piece “Examining nonsensical Bernienomics” by Bloomberg’s Megan McArdle: I’m not entirely sure what message the writer meant to convey. The column was confusing. Is she trying to make us feel bad and vote for Bernie or make us feel bad but give up on Bernie? I have no idea.

But what I do know – and what the author seems to have missed despite Bernie Sanders repeating himself constantly – is that Bernie’s policies will be funded by taxing Wall Street.

One other obvious point the author misses is that depriving the general population of education would definitely not help the middle class survive. Student loans enabled people like me to go to law school. Previously, that was a world reserved for the wealthy. Why? Not only because the cost of tuition put law school out of reach for the average person, but because law school is a full-time endeavor. Most people can’t afford not to work for three years. So you either need money from your rich family or student loans.

Greed and lack of federal oversight have driven up tuition, not student loans. Student loans leveled the playing field. We need more than just shelter.

This story was originally published January 4, 2016 at 4:35 PM with the headline "Heather Travar: Leveling loans."