The best way to bring the universities back to effectiveness is to make them accountable. They are getting millions of dollars cranking out unemployable snowflakes with worthless degrees in critical environmental policy and the like. The snowflakes are stuck with $100,000 of non-dischargeable debt. Yes, they chose poorly. But what does the university care?
So, let the snowflake discharge the student loan debt, and require the university that issued the phoney-baloney degree to reimburse the government for the loan. The government is no longer the guarantor of the loan, the university is. As it should be.
The socialists may freely spend other people’s money, but they are incredibly stingy with their own.
The government is no longer the guarantor of the loan, the university is. As it should be.
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That’s an excellent idea! If the universities are so confident that their degree mills will produce employable graduates, THEY should be the one’s guaranteeing the loans, or a least share in the risk of backing them.
Further, when the government keeps doling out loans to students the obvious result is going to be a steady increase in tuition. The government is subsidizing the universities, if not enriching them.
And their “product” keeps getting worse every year. Our so-called education system has become a scam. Its a national scandal that needs to be exposed.