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TopicHas anything been done to prevent , another 10k in student loan forgiveness..
streamofthesky
08/26/22 5:45:44 PM
#13:


Kyuubi4269 posted...
Except all that would happen is colleges would be filled with wealthy idiots. There's more than enough wealthy people to not need loans at all, and the colleges give out full scholarships to students who they actually want using their facilities.

No, there's not, you're full of shit
Wealth is this country has always been concentrated in the hands of a few, and since Reaganomics it's been the most top-heavy since the gilded age.
Relying on just a handful of super rich kids is not going to fill up a college. They might be able to not change their lavish spending and still break even if they ramped prices up enough, but those prices would have to be obscenely higher than they are even now. Most of the student loan debt is held by the top 40% as it is now. So clearly, even among the best off, it's only a tiny handful that don't "need" loans.
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