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Biden to defy Supreme Court
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I have no problem with the idea of interest free debt, provided the people are not making over "x" amount. The debt still needs to be paid off. It could even come out of tax rebates (since you know these people are probably getting money back at the end of the year). I think it's pointless without fixing the problem: namely, universities are not preparing kids for a future in the work force, and we shouldn't be sending kids off for an "experience." College needs to have extrinsic value. It's why one pays so much to go there.
Unpopular opinion: If we're going to have government backed loans, universities should be on the hook for future interest if their students aren't making sufficient money. That would solve the problem overnight. |
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