The problem is real.
The proposed solution is absurd.
One option is to go to gain sharing.
The college might get 2% (or lower agreed percentage) of a graduate’s income for twenty years collected by the IRS for each year of college, up to 4% for a two-year degree, 8% for a four year degree, 3% for a master’s degree and 3% for each year of law or medical school, less $300/year (2% of $15,000~=minimum wage job income).
College wouldn’t be free (it simply can’t be), but it can be debt-free for the student.
“College wouldn’t be free (it simply can’t be), but it can be debt-free for the student.”
Would that still apply to a student who had a Master’s Degree in Transgender Poetry but was working at Starbuck’s ?