The German model is pretty good. Tuition prices are reasonable. If you're studying something statistically considered a good investment - you get free tuition

The German model is pretty good. Tuition prices are reasonable. If you're studying something statistically considered a good investment - you get free tuition. If not, you pay for it. The American model is terrible. The tuition prices are insane because no one pays for it now, and there's endless appetite to lend because your borrower is a systemically non-financially literate CHILD who is signing away their future wages with no right to default EVER. No one would ever lend to the majority of these at these insane tuition prices. We'd quickly end up with reasonable tuitions like in Germany. And then most of the problem goes away. Suddenly schools and degrees that WEREN'T good investments become good investments again.