[whywhywhywhy]

Should just be able to send the debt back to the institute if the product they sold you doesn't result in enough income to foot the bill within X years.

The current system doesn't encourage the institutes to do anything other than spiral costs, burn money and zero responsibility to provide a product focused on making sure that loan is ever paid back.

Say this as someone who managed to pay theirs off, just think "forgiveness" and other ideas are temporary solutions we'll end up having to repeat over and over. Let's just have a permanent solution with accountability for what they are providing for the cost.

[runako]

> the product they sold you doesn't result in enough income to foot the bill within X years.

Honestly this is the issue. Colleges sell education. People think they are buying a future income stream. I don't blame people, because employers have by and large conflated the two. But this misalignment is at the heart of a lot of the cost discourse.

[dabluecaboose]

There's an answer beyond nebulous desires for "accountability":

Stop federal guarantees of loans, and allow loans to be discharged in bankruptcy. Make loans a risk and they won't give $200k to a sociology major with no prospects because they know they won't see a return.