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Re:More than 1M fewer students are in college, the lowest nu... by sokoloff on Thursday January 13, 2022 @12:19PM (#29923516)
If you’re going to have people study for 4 years past grade 12, someone’s got to pick up the tab for their rent, food, entertainment, and clothes/supplies at least.

If we disallow lending, that would tend to limit the attendance at “away from home” colleges and universities to the upper middle and upper classes. I don’t know that outcome is obviously “better”. It would be a massive boon to the wealthier families as compared to today.

I benefited massively from student loans and Army ROTC scholarship; I don’t want to see that taken away from future generations (even if removing that would benefit my family).

Re:More than 1M fewer students are in college, the lowest nu... by epistasis on Thursday January 13, 2022 @01:40PM (#29924752)
Rather than loans, we should reinvest in state universities, which in general have been massively defunded over the past decades, and also tie that additionally funding to reduced student costs so that the money goes where it should. The decision to attend university should be made more on the basis of student capabilities and available slots than on having big loans or ROTC access (and ROTC experience is a great thing, that has its own wonderful merits)