Subject: “Forgiving (student loans) is good”, editorial, August 30:

The issue of debt forgiveness is a topic worthy of community debate. We should enjoy the benefits of an educated and productive population. But we must be aware of the careful spending of taxpayers’ money. The cost of higher education is rising faster than inflation and faster than most Americans’ incomes. Studies have shown that tuition will increase because colleges will be paid according to their fees. A surprising culprit here? Federal student loan programs.

When I entered medical practice in the late 1970s, providers had to increase their Medicare billing, for any service, by a certain percentage per year. You had to “maintain your profile”. And the government paid providers more and more dollars each year, until medical costs became so heavy that significant limits on reimbursement became necessary. These reviews are ongoing.

Along the same lines, isn’t it time to limit the “profile” that universities demand, the sums that federal loans help to pay? Let us not forget the enormous endowments held by certain institutions. It may be time to reallocate some of those endowment funds. We all have a stake in the education of our students. Universities need to do a lot of work to reduce costs.

Dr. Rick Rodriguez

Unfair questioning of loans

Unsurprisingly, the Express-News editorial board is in favor of scrapping student loans.

How is this fair to people who have never been to college, those who have already paid off their student loans, those who have saved up and gone to college to avoid loans and taxpayers?

On the contrary, the universities should repay the loans, because they provided the students with a (worthless?) degree.

When did the federal government stop a “temporary” program? Should the federal government forgive some home mortgages, car loans and credit card debt? How will the federal government pay for this? We already have over $30 trillion in debt.

Instead of forcing taxpayers to pay off student debt, the Express-New should set up a crowdfunding account. Debt cancellation will not solve the problem, it will make it worse.

Tom Nichta