As an outside observer of American politics, it sure seems to me that the current loan forgiveness implementations are rather short sighted ones. Nobody seems to even attempt to reduce the ridiculous education prices, it all seems to come down to bulk payments.
I’m all for loan forgiveness up to a certain point (I myself have student loans I’d like to see forgiven, despite tuition “only” being €2k a year) but what is happening right now seems rather short-sighted and smells of political bribery.
If educational facilities can expect the current attempts at American loan forgiveness to continue, they can double or triple their tuition fees, make billions, and have the American ta payer (which still includes the people taking out the loans! None of this shit is free!) fund their scam.
As an outside observer of American politics, it sure seems to me that the current loan forgiveness implementations are rather short sighted ones. Nobody seems to even attempt to reduce the ridiculous education prices, it all seems to come down to bulk payments.
I’m all for loan forgiveness up to a certain point (I myself have student loans I’d like to see forgiven, despite tuition “only” being €2k a year) but what is happening right now seems rather short-sighted and smells of political bribery.
If educational facilities can expect the current attempts at American loan forgiveness to continue, they can double or triple their tuition fees, make billions, and have the American ta payer (which still includes the people taking out the loans! None of this shit is free!) fund their scam.