Student debt relief without a reduction in prices is just funneling money to colleges with extra steps. It is an important step, Biden should be doing it, but it needs to be accompanied by serious consumer protections and price controls applied to colleges.
Sure, college education should just be a part of the regular public education system like it is in Europe. More education is a boon for the individual, society, and the economy.
That would be good, private colleges could still exist but they’d have to compete with free college so the prices would have to come down and the value come up, a win for the consumer either way. It would be expensive but an important investment in our future.
Student debt relief without a reduction in prices is just funneling money to colleges with extra steps. It is an important step, Biden should be doing it, but it needs to be accompanied by serious consumer protections and price controls applied to colleges.
Sure, college education should just be a part of the regular public education system like it is in Europe. More education is a boon for the individual, society, and the economy.
That would be good, private colleges could still exist but they’d have to compete with free college so the prices would have to come down and the value come up, a win for the consumer either way. It would be expensive but an important investment in our future.