ALLOW COLLEGE DEBT TO BE DISCHARGED IN BANKRUPTCY.
Have no federal guarantees for student debt.
And watch college tuition drop like a stone.
“And watch college tuition drop like a stone.”
Yes, that needs to happen. A lot of “professors” who have nothing to contribute to the higher education process (except the self-serving need to draw an fat, but unearned paycheck) would be forced to leave “academia” and go get real jobs as restroom or gas station attendents. There needs to be a serious rep-evaluation of courses taught (all of these “feel good” courses in “black or hispanic studies” and the like together with the abandonment of “faux research grants” on immaterial subjects)!
A lot of philosophy and sociology professors will be harmed by this plan.
Good plan.
“ALLOW COLLEGE DEBT TO BE DISCHARGED IN BANKRUPTCY.”
Exactly. Colleges will have skin in the game big time with that change. No bank will extend student loans unless they will be paid back. Market, meet reality.