How to tackle massive student debt and college costs: Part 1

I don't know why this issue is being overcomplicated by corporate media and politicians. They think if they forgive student debt the real problem will go away and everyone will be happy (to vote for said sponsors of such policy) Federal cancelation of all student debt is one of the worst ideas and will only set up future students for disaster.

To tackle the problem, let's legislate this:

1 - End federally guaranteed loans guaranteed for every student to go to any school. Allowing the fed to universally guarantee this not only hurt real banks, but spurred a massive corruption of universities and enabled students with no commitment or educational goals to go to college so they could get away from their parents.

replace this with requirements for that incentivize students to choose cost effective schools.

Ban federal student loans to any academic program that teaches a list of "studies" that are not in any way relevant to an industry or profession, any studies that teach anything that is based entirely around "theories" or "subjective modes of thinking" - namely - gender studies and social theory studies and all of the programs that fall into that category.

you get the just of it - the fed needs to act like a real bank with incentive to have people be able to pay back their loans by not getting poor education or degrees that are not viable.

this in turn makes universities actually have to focus on real academics: science, biology, engineering, technology, economics and mathematical programs - and the quality of these programs will increase as competition between universities actually centers around quality of education and not how big the swimming pool on campus is, how nice the dorms are, or things irrelevant to the core function of education.

the feds guarantee of loans and payment to universities has spurred massive corruption in these schools and the administrators are as corrupt to the core - expanding the bureaucracy of their institutions and offering completely useless "degrees" to students that not only give them little to no career outlook, but teach subjective things that are completely made up by people and used to indoctronate a worldview to groups. Not only is it corrupt, but extremely unethical, and they are free to charge massive tuitions because students don't need to actually consider the costs since the loans are guaranteed no matter what, and the fed enjoys interest rates that would put any real bank out of business.

a reform based on this outline would have a very positive effect on students and education quality as well as private banks. it would be bad for corrupt universities and Washington cronies.

Submitted May 27, 2021 at 09:15AM by cloud665 https://ift.tt/3wBuVpX