If it’s dischargeable in bankruptcy and the government isn’t unconstitutionally involved then the education system follows the market. If you’re wanting to study transgenderism and underwater fire prevention with a 2.2 GPA you’re going to rate a $1000 loan at 18% interest and if you want to study novel materials engineering with a 4.0 GPA you’re going to rate a $50,000 loan at 5%...
It’s not effin’ rocket science, it’s crooks trying to figure out how to pass something that will shut the idiot electorate up while keeping the wheels on the gravy wagon on for just a bit longer. That the FED can have a person at its governing body stupid enough to think free tuition would “work”, OR who holds the citizenry in enough contempt that they are willing to ignore their fiduciary duty to try to pass shit like this off on them is mind boggling.
the Dept. OF Education should regulate the higher education industry. Cap tuition at $10,000/yr. Big Education™ has been asking for it.
You got it. Chapter 7 here they come. Problem solved.