Cancelling student debt does nothing to solve the problem of outrageous college costs. They need to haul some of these university presidents in front of a congressional committee for publicly televised hearings. Let them look the American people in the eye and justify why they charge the tuition and other fees that they charge. Let them justify why a single textbook in the college bookstore costs a couple of hundred dollars, when a comparable book in Barnes and Noble can be bought for around $40 to $50. (Oh, by the way, that $300. textbook just happens to have been written by the professor who is teaching the class.) As long as the government is willing to look the other way, the colleges and universities will continue to charge whatever they feel they can get away with.
Good point. College expenses have risen faster than healthcare expenses. With healthcare it costs more, at least partially, because they can do more. College is going the other way where they've replaced education with indoctrination.
“They need to haul some of these university presidents in front of a congressional committee for publicly televised hearings. Let them look the American people in the eye and justify why they charge the tuition and other fees that they charge.”
“Social Justice”, Democrat style
The better off pay more so the “underprivileged” pay nothing.
Those who get an arguably easy life early in life pay dearly when they become adults.
Expect a lot of mortgages to identify as student loans.
Realistically, we’ll see a lot of people running up student loans for trips, making car payments and paying off credit cards.
Oh, and 1/4 of college students bought BITCOIN with our tax-payer subsidized loans that they now want to have forgiven ... and they get to keep the assets.
College students are investing in bitcoin with financial aid money
https://www.cnbc.com/2018/03/23/college-students-use-financial-aid-money-to-invest-in-bitcoin.html