[mchusma]

This is great. Federally subsidized loans is directly (not solely) responsible for rapid inflation of college costs in the US. Anything to limit its use is a good thing. I’d argue that this test would be better expanded to actually having an ROI, not just do no harm, to encourage schools to not only provide value but also constrain costs (eg your school may make sense at $10k debt not $100k debt).

This and/or making loans dischargeable in bankruptcy.

[tzs]

> Federally subsidized loans is directly (not solely) responsible for rapid inflation of college costs in the US.

Is it? Several years ago I looked for historical data on tuition rates. I wasn't able to find much only, but did find data for Stanford and some large public university whose name I don't recall.

When I graphed their tuitions over 100 years starting from the early 1900s along with a graph of inflation over that same time the tuitions grew at roughly a fixed multiple of the inflation rate.

That pattern and multiple were the same before and after the arrival of federally subsidized loans.

Maybe if I had found data on a lot more schools something would have shown up.

[croes]

You know why many companies prefer employees without a degree?

Easier to exploit and manipulate.

This step makes it even easier for them

[kingstnap]

Yes as we all know Employers are just bursting at the seems to hire people without a post secondary degree. Even more so if they don't even have a highschool degree. Just cant get enough of them lol.

[croes]

No degree, doesn’t mean no skills.

Or how do you explain

https://en.wikipedia.org/wiki/Thiel_Fellowship

[matchbok3]

What data are you referencing that proves this? There is nothing inherent about degree X that makes someone less gullible. In fact, many college campuses are insulated echo chambers that do the exact opposite.