Free College/Remote School debt

Originally Posted by shawndoggy

Maybe we should consider NOT guaranteeing easy money subsidized loans? Then the flow of funds gets cut from higher ed and the schools that can do more with less (or which have big independent endowments) survive, and the marginal BS schools fold.

Take the fed guaranty $$$ and turn it to making already affordable community colleges even more affordable. Allow people to get their first two years on the super cheap or get two years of trade training super cheap.

We all know that racking up $100k in debt for a communications degree is very likely a losing proposition. Let’s take that option away. Or at least the option to do it with fed guaranteed borrowed funds.

Yep. I agree. This is another example of more money in the market inflating prices. Now you have online universities everywhere trying to scam a cut of the money.