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> If people really cared about letting disadvantaged students go to college > If you just took away the guarantee on the loans, and made them dischargable in b
by conductr 4y ago
> If people really cared about letting disadvantaged students go to college
> If you just took away the guarantee on the loans, and made them dischargable in bankruptcy, colleges would be forced to compete on price again
You'd also see many people couldn't afford college because they wouldn't be approved for the loan without the federal guarantee. I feel like the solution is universal education, we dance around it because it's not politically feasible but it's the solution. Set some rules around who can attend (grades, testing, etc). Setting reimbursement rates will control costs (like Medicare does). Force the universities to collect from the government (like hospitals do). Force 'quality control'/compliance on education standards (also expected of hospitals).