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I'm all for making college less expensive for students but, as good as this sounds, I think we need to enact some controls on the price of school before measures like this will be helpful. If credit becomes cheaper for borrowers, universities will just raise their prices. The economics are in the universities' favor here and they'd happily absorb more money to grow their administration.
It seems like getting some controls in place might be doable if democrats were to push for the. Republicans might be game to regulate the cost of university attendance since it would reduce the flow of money to the evil leftist universities, but maybe they'd see that as anti-capitalist?
Especially when you have Ivy League schools that could spend a million dollars a year on dorms and still make profits from the donations they receive.
So many Universities have become a booming business, making me want to throw up. Knowledge is crucial. Putting it behind a giant paywall that keeps growing for its own selfish needs is a means of control.
Note that I'm not talking about every single college in the world. I'm just referring to a big problem with a lot of them.
Sincerely, A college student