• Lzwzli@reddthat.com
    link
    fedilink
    arrow-up
    10
    arrow-down
    1
    ·
    1 year ago

    Govt.should put a cap on tuition rates for any institution that wants to receive students on federal loans.

    • SickIcarus@sh.itjust.works
      link
      fedilink
      arrow-up
      1
      arrow-down
      9
      ·
      1 year ago

      Rather than interfering further with a private market, they could simply cap the amount of federal loans a student can receive.

      • Lzwzli@reddthat.com
        link
        fedilink
        arrow-up
        7
        ·
        1 year ago

        That doesn’t help solve the problem of cost though. If a university degree is going to cost $50k/year and say the govt. caps the amount of federal loans at $15k/year, that just either forces the student to get private loans or not go to college.

        I think part of the mindset that has to change is this idea that college is worth it no matter the cost.

        • SickIcarus@sh.itjust.works
          link
          fedilink
          arrow-up
          1
          arrow-down
          4
          ·
          edit-2
          1 year ago

          Yes and no - if the university can no longer fill its ranks because their costs are too high, they will have to reduce costs. The reason it’s so expensive right now is because they have a captive audience that can’t walk away.

          Edit:

          I think part of the mindset that has to change is this idea that college is worth it no matter the cost.

          Say it louder for the people in the back!

          • Logi@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            1 year ago

            Homo Economicus represent! The rest of us are trying to live fulfilling lives as human beings and what education we choose is not just an economic decision.

          • Logi@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            1 year ago

            Let me shout back from the last row. Going to university is not merely a financial decision. It is a question of who you are as a human being. I did not get the education that I did because I ran a 50 year financial model (which I couldn’t have done without the education anyway) but because that’s who I am.

            Thankfully I don’t live in the US so the greed and avarice of your institutions didn’t excise their pound of flesh. Each.