[quote=equalizer]. Worse yet, were funding cut off, there would be student outrage over it when stopping funding is exactly what is needed to bring costs down.”
[/quote]
Wait until the outrage from several years of graduates not being able to find jobs while having unserviceable debt.
This is another slow-moving, debt-induced social catastrophe on our hands, in which we’ll blame the victims.
Something like 60% of the 780 billion in debt is either deferred or in default. A few months ago I read about kids fleeing the country to get away from the debt.
In most industrialized nations you can go to college for free while getting health insurance. Even if it was logistically possible, most americans, from a cultural perspective, would consider it distasteful. I guess, clawing down basic things like an education in such a competitive, reptilian environment makes people hard.
