another solution would be to make the schools pay back the debt for them, most of them could and still have ample war chests left over.
i'm actually fine forgiving all student loan debt provided we also shut down the schools. they've clearly done more harm than good. time to pack it in.
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i actually do just think these few steps below would solve the problemhttps://twitter.com/micsolana/status/1110645712285388800?s=20 …
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@naval had a great idea, total student debt is approximate to total endowment for all schools. Are colleges for running profits and tax sheltering wealth or education and development of young minds.Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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I know right? In every discussion where student loan forgiveness is discussed, advocates never talk about what we do with people who are just starting to borrow for school now; never talk about reducing the cost of education long term.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Tämä twiitti ei ole saatavilla.
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i agree you (and i) should have it.https://twitter.com/micsolana/status/1110645712285388800?s=20 …
Keskustelun loppu
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Cap interest to a maximum of 25% of the original loan's value.
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No need for loan forgiveness, no need for bancrypcy, no nothing. It will fix all the exploitative loan practices.
Keskustelun loppu
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If they cancel the loans and also cancel all future loans then most of the schools that are not adding value will probably shut down. Maybe a third or more
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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A complete reset of the system is the only way to solve the current problems. Ensuring universities are compensated only when the student gets a job is a good first start.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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