3 ms·

Good. This bubble has to burst. The college education system in this country has gone completely insane. The cost of a year's worth of education is now $60000,

• maratd 12y ago
  > Just make community college + state universities free for everyone to attend, and we should have no more problem with this debt nonsense anymore. Public colleges are already substantially less than private institutions. I doubt subsidizing them further will have a substantial impact on private tuition. If we stop lending money to pay for education, the colleges will see substantially reduced demand at their inflated price levels and will quickly cut prices to adjust. Then again, they might not. They currently segregate their customers into groups by way of "scholarships" and essentially extract the maximum amount of money they can possibly get. I can't think of another industry where such disgusting behavior is tolerated or even celebrated as generosity.