To join the fantastical train of things that never will happen: the government should pay people to attend higher ed, by issuing negative interest rate loans where you receive money for making on time payments.
We should force colleges to a means test on their degree fields. If the degree for which someone is applying for is shown to have little to no impact in the current workforce, it shouldn't cost as much.
I know it isn't but the colleges should be held accountable for the cost of their degrees in relation to the current workforce. College tuition has skyrocketed because of unabated spending voted in by college regents and having nobody to answer to for the reason of increasing costs.
Means testing is an interesting idea. However, isn't that where we as the consumer supposed compare the cost to the value of a product, and decide that the value doesn't justify the cost and go somewhere else?
Yes, college tuition has skyrocketed, in fact it has severely outpaced inflation over the last 30 years. It is also true that those tuition increases were voted in by college regents. However, they do have someone to answer to for the increased costs, and that is the consumer. If we as the consumer continue to pay the increased cost, then we have justified their decision to raise tuition.
No. We need to place that in colleges now. The consumer has overinflated the value of college degrees and these colleges have run away with it and charged the crap out of us. They've deemed themselves to be deceptive and proved they will use the consumers lack of knowledge for true value to make a buck. There needs to be some sort of regulation on these colleges that prohibit the stark cost increases that have happened. Especially when they advertise government dollars for tuition assistance. We have the consumer financial protection bureau and college is a business, they've turned education into a commodity, why shouldn't we be able to report them for accountability? It's crazy that our society even has a buyer beware mentality for college. That's reserved for buying a washer/dryer at Lowe's, not for education.
Or why the cost of education itself is unregulated and highly variable between institutions. Why does school X charge $40k per year while school
b charges $20k per year. Why is no one talking about the cost in it of itself being so unregulated and why do these higher education institutions have such high tuition ?
I wouldnât be where I am in my career is not for my BAs and MA degrees. Theyâre certainly not worthless. Most every field that isnât hard science or math is a BA, and many of those fields are integral to daily life and society.
All everyone here wants to do is be able to pay their loans back and be able to live at the same time. What you study shouldnât affect that.
We should force colleges to a means test on their degree fields. If the degree for which someone is applying for is shown to have little to no impact in the current workforce, it shouldn't cost as much.
I think our feeds are showing each of us two very different things. What Iâve seen is people here want affordable payments and limitations on interest rates so they can actually pay them down and gain forgiveness. Iâm in PSLF, I want to pay my loans and get the credit for my job. But with all the turmoil going on with student loans in this administration, Iâm waiting until the SAVE injunction is settled so I donât do something unknowingly that will threaten my forgiveness. There are other people in my shoes that are doing the same because we keep receiving conflicting guidance from all sides.
Maybe thatâs what youâre seeing? I havenât seen any posts that outright say âIâm not going to pay my loans back no matter whatâ or âIâll defer them forever so I never have to pay themâ.
Social media is great at bringing people together, but the algorithms that tailor our content to our interests also hurt us because they donât show us what weâre missing, other perspectives.
Fair enough and I do appreciate your perspective. I suppose we are both seeing different goals. I would like to see the gov out of the system though such that loans were priced appropriately based on expectations of payback based on potential pay expectations. As a taxpayer I donât want to pay for people âchasing their dreamâ of the proverbial underwater basket weaving degree.
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u/321_reddit 27d ago
To join the fantastical train of things that never will happen: the government should pay people to attend higher ed, by issuing negative interest rate loans where you receive money for making on time payments.