TwinTurbo
Footballguy
My thoughts:
1. blanket loan forgiveness is a bad idea
2. There are thousands of degree granting post-secondary institutions in the US. Most of them grant what are essentially worthless degrees or degrees that are not worth the price paid. Some of them shouldn't even continue to operate as a business but they continue raising prices because of #3.
3. Federal student aid accounts for most of the price increases. The more students can borrow, the more colleges can charge. Increasing eligibility for Federal aid over time had the undesired effect of making college less affordable for everyone in general. Decrease the eligibility for those students who can receive federal aid and prices will drop as a result.
4. Offer more online classes and increase class sizes virtually. The pandemic proved that nobody needs expensive real estate with small class sizes. That backwards business model hopefully ended in 2020.
1. blanket loan forgiveness is a bad idea
2. There are thousands of degree granting post-secondary institutions in the US. Most of them grant what are essentially worthless degrees or degrees that are not worth the price paid. Some of them shouldn't even continue to operate as a business but they continue raising prices because of #3.
3. Federal student aid accounts for most of the price increases. The more students can borrow, the more colleges can charge. Increasing eligibility for Federal aid over time had the undesired effect of making college less affordable for everyone in general. Decrease the eligibility for those students who can receive federal aid and prices will drop as a result.
4. Offer more online classes and increase class sizes virtually. The pandemic proved that nobody needs expensive real estate with small class sizes. That backwards business model hopefully ended in 2020.