Who forced them to take out the loan? Most people don’t belong in college.
What a fool I am. I have 4 kids in or graduated from college and post graduate school. I payed everything myself.
Now I get to pay for everyone else too?
We need to sue all colleges that gave out useless degrees to those student stuckers.
Right now, pretty much anything other than in STEM is a useless degree. It is long past time to remove the funding source of all those boxtop degree “professors” who couldn’t make 1940 grade school teaching standards.
While this is true, it is also true that every college and university has an office dedicated to assist students to take out loans to purchase the crap education they are selling.
Schools have a great deal of moral hazard in the current system and no skin in the game. This proposal would give them some.
The author is correct in assuming that schools would change their behavior if they suddenly found themselves on the hook for half a trillion dollars in unpaid student loans.
While I see your point, in all fairness the whole government K-12 school system worked very hard to make sure they did take out those loans.
If you include social pressure from every authority figure they've ever been told to obey and massive social engineering in your definition of force, then to a large extent the failed government K-12 system did indeed pretty much force them to take out those loans by assuring them they were worthless until they were a college grad.
The whole government propaganda and indoctrination machine that passes for k-12 education in this country needs to be ripped apart and put back under control of parents, that should go hand in glove with making the "higher education" system responsible for its own failures.
JMHo
That’s not FAIR! What about all those professor ‘s that teach women’s studies or black history or transgender sexuality! What will they do when those courses and majors are eliminated!