What Everyone's Getting Wrong About Student Loans

[Southern Senator North Carolina Yankee]

We have got to stop relying on debt for everything in this country. This is why everything is so damn expansive.

1. Cut or reduce the student loan program
2. Expand and increase the pell grant
3. Let people discharge their loans through bankruptcy.
4. Make Colleges responsible for outcomes - Colleges get paid up front before any education is delivered. What happens afterwards, they don't care, they already got paid. The incentives would be much different, if colleges didn't get a portion until after graduation and forfeited a portion of the tuition if someone fails to graduate.
5. Make colleges financially liable for offering a degree at a cost that exceeds the incomes for that profession.