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College and University Discussion
Reply to "Financial aid and student loan upheaval in reconciliation bill impact"
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[quote=Anonymous]I hate that I'm saying this, but it might be a bit of a stopped clock moment. The current student loan system [i]does [/i]drive up prices and [i]is [/i]largely predatory. Making schools responsible for student default would create some better incentives. This will restrict access when paired with cuts to funding, which is bad - but, a different administration (or rich donors) could turn that funding back on, without the baggage of student loans. And you can still take out regular personal loans that are dischargeable in bankruptcy. [/quote]
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