> Another solution would be to let students discharge their debit via bankruptcy. So you are going to force loaners to loan to people that can simply discharge

> Another solution would be to let students discharge their debit via bankruptcy. So you are going to force loaners to loan to people that can simply discharge it? I am not sure you understand how a loan works. Somebody risk their money for the chance to get the original amount back plus some. If the institutes making loans can't recoup at what they put in then they too will also go bankrupt. And if they can't make any profit then there is no incentive to loan the money. > Education (and healthcare for that matter) are NOT free markets. They most cerentety are. And them being part of a free market where people can make money has also allowed it to give humanity some of the best healthcare ever. > Which is not acceptable for education or healthcare. You are right, education is free, pick up a book at your local library. There is nothing stopping the masses from learning the same subjects today. On the other hand attending private institute that offers assistance in learning is not a right. Every time these free collages ideas come about it irks me so much because you have every right and means to educate yourself on a topic. > Maybe that's fine in some circles but a modern wealthy superpower should be able to do better than throw some percentage of its own citizens in the trash because they can't afford education. No, instead we can just trash the entire country because of feels. In any case, put your money where your mouth is. Let me pick at random somebody applying for a loan today and let me fund their schooling with your money. If this person becomes successful they will pay you back. If they find it is too much of a burden, or they don't finish school you lose your money and never see it again.