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> I propose that the universities should be financially responsible (instead of the federal government) when the student cannot repay the loan. I suspect there
by leereeves 5y ago
> I propose that the universities should be financially responsible (instead of the federal government) when the student cannot repay the loan.
I suspect there would be widespread opposition to this idea on the grounds that "education is about more than getting a job".
If universities were paid based on students' future earnings, would they still teach liberal arts?
- roenxi 5y agoIf something of value is being lost, let them that see that value pay for it. It is a bit unfair to go to a teenager, set them up with debts in exchange for something that doesn't measurably impact their earnings and turn them loose. The reason they are even in education is because their brain isn't fully formed yet and they have no practical experience. Relying on their judgement of what is a good long-term idea is a bad move.
- leereeves 5y ago> If something of value is being lost, let them that see that value pay for it. Absolutely, but that's not what was proposed above. This quote suggests the usual model in which the government pays for education (which I support, most nations use, and even the US uses for K-12), not the income dependent repayment model proposed by julienchastang.