Re:Student Loan Debt Crisis Is Bankrupting Millennials
by bufferoverflow on Friday June 14, 2019 @01:43PM
(#20184969)
Sure, but then it means you have to forcefully decide how much universities can charge for their services. And you will have to raise taxes to fund free education.
I'm not a fan of socialism. I think people and organizations should be free to decide how much their services cost.
And btw, that 15% cap will result in one thing: poor people not being able to get credit.
I want student loans eliminated and universities to be government funded through taxpayer dollars, as was the case previously with public universities. Public university tuition has gone up because government funding for them have gone down. As usual, stealing from the future.
EDIT: I'm okay with raising taxes to pay for education instead of the broken student loan system, forcing universities to limit what they charge, and democratic socialism as a whole. Societal utilities (healthcare, education) are not a free market. Never have been, never will be.