[caseysoftware]

> The institutions should be held liable for this debt, not the tax payer, and our government should not guarantee or subsidize these loans.

Yes. I'd have a lot more compassion about the debt forgiveness if they were enacting some plan to FIX the problem at the same time.

[lapcat]

> I'd have a lot more compassion about the debt forgiveness if they were enacting some plan to FIX the problem at the same time.

The problem is that typically the very same people who are opposed to debt forgiveness are also opposed government-sponsored higher education that's free for students, like higher school and earlier; likewise, the very same people who are in favor of debt forgiveness also advocate government-sponsored higher education.

I don't think there is a fix as long as higher education is treated like a luxury good. And if that's society's choice, so be it, but then I don't want to hear another word about so-called "meritocracy" when it's pay-to-play.

[nradov]

Higher education in subjects with poor employment prospects is a luxury good. If wealthy people want to pay out of their own pockets to study those subjects then go ahead, but as a taxpayer I resent being forced to subsidize students who just want to goof around and pontificate for 4 years. Where is the return on my investment?

To be clear, I am not taking an extremist position here. There is value in having an educated populace and students should have some coursework in a broad range of liberal arts subjects. But for college majors we have to be more pragmatic at both an individual and social policy level.

[caseysoftware]

When your solution to any societal problem is always "make it free!", maybe you need to broaden your thinking.

[lapcat]

What's your solution?

I considered the alternative in my second paragraph. You didn't respond to that point. How do you reconcile meritocracy with pay-to-play?

[caseysoftware]

"Make it free" doesn't work when costs are out of control, regardless of the product, service, or industry.

An idea solution would more closely connect the buyer (student) to the consequences of their decision (both good and bad) while holding the seller (university) accountable for the quality of their product/service.

Until you can address all three, there's no solution just pandering after the fact.

> I considered the alternative in my second paragraph. You didn't respond to that point. How do you reconcile meritocracy with pay-to-play?

Because it wasn't worth responding to. Most meritocracy has pieces that are pay to play. Maybe it shouldn't but acting like it doesn't is foolish.

The more interesting question is: How many students get a net benefit - financially, socially, etc - from college?

[alistairSH]

The more interesting question is: How many students get a net benefit - financially, socially, etc - from college?

From a policy perspective, the question we should be asking is "how much does society benefit from college graduates?"

If there's a net benefit to people attending college, then society should be funding it, as it's essentially "making a profit".

I also agree that changes to the funding model need to address the spiraling costs of attendance. But, I also believe much of that spiral is due to the funding model (near unlimited government backing and lack of dischargeability for the borrower).

[lapcat]

> Because it wasn't worth responding to.

If you're just going to be dismissive, why did you respond at all?

> Most meritocracy has pieces that are pay to play

Which other "pieces" come with a lifetime of debt?

> The more interesting question is: How many students get a net benefit - financially, socially, etc - from college?

Why is that more interesting?

[caseysoftware]

> If you're just going to be dismissive, why did you respond at all?

I didn't initially and chose to focus on the productive bit. You demanded a response.

[silverquiet]

I can say the exact same to those whose solution is to privatize everything. And frankly it seems like they're the ones who have governed the US for the last half century and the results do not seem great.

[caseysoftware]

> I can say the exact same to those whose solution is to privatize everything.

Health care and higher education have moved hard the other direction.

No clue if privatization would work here - not pitching that - but the current solution has failed us and the "make it free" mantra doesn't work as long as the price is spiraling out of control.

[silverquiet]

> Health care and higher education have moved hard the other direction.

How so? I have no option to get public health care that I'm aware of; it's actually hard to imagine getting health care without being forced to pay a premium to a private company.

[caseysoftware]

In both cases, private entities provide the bulk of the services, therefore you pay them.

And since you pay a fraction of the actual costs of the service for the public plans, the government subsidizes the rest.

The government is rarely the service provider for most of what they "provide" - roads are built by construction firms, medical care is mostly private doctors (the VA and HHS has some), the TSA is replaced by private firms in some places, and even nuclear missiles are manufactured by companies.