[cmdrfred]

> Yes and yes. The fact that they are offering the service at all means you don't have to go somewhere else (possibly far away) to get an equivalent service, so that is a form of discount.

No thanks, if I'm paying for your education I expect a better discount than "my office is a little bit closer"

Op is right, this is unadulterated bullshit.

[saint_fiasco]

It should not be controversial that with a greater supply of a service, price will tend to go down (or quality will go up) because there will be more competition.

[cmdrfred]

>It should not be controversial that with a greater supply of a service, price will tend to go down (or quality will go up) because there will be more competition.

Firstly, if the services are in demand why is paying off the loan an issue?

Secondly, they already have the degree paying off loans does not increase the number of graduates.

[saint_fiasco]

> Firstly, if the services are in demand why is paying off the loan an issue?

That is a very good point.

> Secondly, they already have the degree paying off loans does not increase the number of graduates.

It depends on how the debt is forgiven. If government just pays the colleges then it will suck, but suppose they were like "You sold a defective product to millions of people and we are not paying for it. Deal with it". Then colleges will learn to stop offering useless majors and the number of graduates in bullshit will reduce while the number of graduates in useful stuff will increase.