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One of the difficulties with reducing student loans (in volume) is that fewer people will then have access to education. Besides rent control, one option could
by choppaface 11y ago
One of the difficulties with reducing student loans (in volume) is that fewer people will then have access to education.
Besides rent control, one option could be for the Fed to cut debt issuance slightly and to explicitly fund school-owned student housing. This would cut out the greedy landlords without having an especially negative impact on local economies-- the schools would still pay to maintain the properties. Doesn't help private schools much, but a lot of for-profit private schools are abusing student loan availability too.