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Americans, how would you feel about making student loans completely illegal? (lemmy.world)

submitted 1 year ago by nodsocket@lemmy.world to c/asklemmy@lemmy.ml

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This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn't mean they couldn't get an education.

Consider the long term impact of this. There are a lot of different ways such a situation could go, for better and for worse.

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[–] nodsocket@lemmy.world -1 points 1 year ago* (last edited 1 year ago) (1 children)

Yes, I acknowledge that this would be a shock to society in the short term. But do we really want to maintain the current status quo?

When I wrote Internet, I don't necessarily mean people will have to teach everything to themselves. I mean services like online classes which offer similar curriculums to a university course.

[–] harmonea@kbin.social 6 points 1 year ago (1 children)

But do we really want to maintain the current status quo?

I think if you read my comment again, you'd find I acknowledge things need to change, I just think your proposed solution is bad.

I can imagine ways to accomplish these goals more gradually, with less complete and utter destruction, but I don't think someone who proposed something so extreme from the word go really wants to discuss the moderate stance, so I'll leave it with you as a thought exercise.

[–] nodsocket@lemmy.world -1 points 1 year ago

I agree with you that we could do this gradually. I'm just creating a what-if scenario in this thread.