this post was submitted on 11 Oct 2023
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Americans, how would you feel about making student loans completely illegal? (lemmy.world)
submitted 1 year ago by nodsocket@lemmy.world to c/asklemmy@lemmy.ml
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This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn't mean they couldn't get an education.

Consider the long term impact of this. There are a lot of different ways such a situation could go, for better and for worse.

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[โ€“] xkforce@lemmy.world 8 points 1 year ago* (last edited 1 year ago) (1 children)

Education is how people get out of poverty op. The issue is that the US has a dog eat dog fuck the poor mentality that keeps the ladders out of poverty out of reach then blames them for their situation. The only thing that should determine whether you get into college should be your capability to do the work or not. Not what is or is not in your bank account.

The actual solution is to make college free given academic benchmarks are hit and institute mechanisms to keep costs under control that go beyond "how can we maximize profit?"