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Who would oversea the spending of our taxes? There's no responsibility to provide a viable product currently because people are forced to pay and can't default
by whywhywhywhy 3y ago
Who would oversea the spending of our taxes? There's no responsibility to provide a viable product currently because people are forced to pay and can't default on the loan if the product the college sold them wasn't variable to earning money to pay back the loan for payment college requested.
Think a world where colleges have to take more responsibility in making sure the loans they demand can by paid back would result in a better system where more people who leave actually end up earning amounts that justify what they loaned to go there.
- kube-system 3y agoI do not think it is a good idea to treat public universities like a big vocational school. Academics at liberal arts institutions provides value to society that is unrelated to those discipline's vocational utility.
- em-bee 3y agoi don't think loans are the problem. quality of education can be measured in different ways. the key thing for me is that by not having everyone pay for their own education, there is no incentive to let them pass just to get their money. quality of education can be raised without risking funds because students drop out. funding of the schools can be made dependent on the taxes that the students pay once they are working. it's a long feedback loop, but i think it could be the right incentive.