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by Eddy_Viscosity2 671 days ago
Bankruptcy for student loans should be allowed, with appropriate restrictions against the obvious abuses.

I think the federal government should cap the student loans amounts they secure also and standardize all fee and interest service that can be applied to them. That cap should be modest too. The ability for students to get larger and larger loans is the primary driver of tuition fee inflation.

Lastly, and this is maybe a bit controversial. But any university that is either non-profit or receives government subsidies must have a limits on the amounts paid to executive staff like presidents and also a limit on the ratio of administrative spending to education spending. The crazy growth of the the former compared to the latter is form on theft from the students, in my humble opinion.