You think “government” is going to do anything? Government CREATED the problem....
Honest...I only posted ONCE!
Yes, that is true. I do not support a bailout of student loan debt, because that would simply reward the institutions that caused the problem. If we do nothing about the debt, then students will start approaching their education as a business, which they should. When this happens, colleges will have to respond.
State governments need to audit their schools and keep a tight lid on their expenses. They should not be able to raise tuition rates far above the rate of inflation.
And lastly, we should be pushing towards completely reforming education in this country, because it is an obsolete business model. The model has not changed in a thousand years, from when the cost of storing and transmitting information was orders of magnitude higher than now. Today we can retrieve almost any useful information nearly instantly anywhere we happen to be with our smartphones. Why is it that when the cost of information is the lowest it has ever been, that the cost of education is nearly as high as it has ever been?