The Supreme Court rejects Biden's plan to wipe away $400 billion in student loan debt - eviltoast
A sharply divided Supreme Court has effectively killed President Joe Biden’s $400 billion plan to cancel or reduce federal student loan debts for millions of Americans.
  • KairuByte@lemmy.world
    0·
    1 year ago

    I don’t really think anyone in the government has a good solution for this, do they?

    Remove the available money? Only the rich go to college. Add more money? The prices go up.

    You could try regulating it, but then you just get colleges that refuse to accept government money, while simultaneously asking for the same amount.

    I’m sure someone has a solution that would work, but it’s not anyone with the power to implement it, that’s for sure.

    • freo3579@lemmy.world
      01·
      1 year ago

      just make public universities cheaper, private sector will feel the competition and lower prices.

      • KairuByte@lemmy.world
        01·
        1 year ago

        I honestly don’t think so. Private universities are already more expensive, why would they care if that gap widened more?