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.
I feel the same way about that as I do about making ALL education - K through 16 (or tech/vocational) FREE.
I am all for it. We have way too many stupid people shoving their voices in matters that don't concern them. Educated would be better.
That's not at all what OP proposed though. They want to keep tuition as is, just eliminate loans.
Where does it say that?
Imagine if they made student loans illegal, with current tuition prices in America there literally arent enough people wealthy enough to afford to keep the schools full.
The schools would either have to close, or find a way to make attending them affordable. As it is they can charge an arm and a leg, convince people to take loans, its all someone elses problem in 10 years and the "someone else" isnt the school.
Not exactly. I'm saying that banning loans would lower the price of education, either through cost cutting by universities or by a new education system taking its place.
But unless it's free, the majority of people wouldn't be able to afford it anyway. Remember most people live week to week with no savings buffer.
Right, but I don't like that idea in the least. Loans - gone. Need for loans - gone. Education available for all - reduction of trumpistic stupidity - I am in favor of intelligent humans opposed to the ongoing increase in stupid ones.