Aug 25, 2022

Another Great masterful Biden administration policy.

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$20,000-50,000 cut from student loans.

Help the poor working class students struggling to obtain a decent college education and a career out of the ghetto and into the suburbs of the USA.

What could be nobler?

The problem with Capitalism in the USA is that everything is priced up and out of the range of the working class, and even the middle class. When we think of the medicare industry which occupies a whopping 20% of the USA GDP--.Spiralling up of prices.

The ultimate solution to this mess is greater state intervention and price capping.

How about cutting by half all college fees, especially lower-end higher education institutions in the USA..3500 of them. 

How about having 2 tier system, where lower-end college institutions have no fees (courtesy of government education subsidy)?

Harvard $60,000 per year total costs.

A low-ranking university college: zero fees

Would only apply to USA students.

Cutting student loans by a certain percentage is a temporary band-aid but does not FUNDAMENTALLY FIX THE PROBLEM OF SPIRALLING COLLEGE FEES FOR FUTURE GENERATIONS.

The sentiment is supported.