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.
So education for the wealthy only? Bugger off.
Assuming nothing is done to curb the recent capitalist tendencies of universities to inflate tuition then yeah it would be mostly restricted to the wealthy. It might be possible that market forces would coerce them to become cheaper again in order to not end up getting shut down from lack of funding from lower enrollment though.
I feel the same way about that as I do about making ALL education - K through 16 (or tech/vocational) FREE.
I am all for it. We have way too many stupid people shoving their voices in matters that don’t concern them. Educated would be better.
That’s not at all what OP proposed though. They want to keep tuition as is, just eliminate loans.
Right, but I don’t like that idea in the least. Loans - gone. Need for loans - gone. Education available for all - reduction of trumpistic stupidity - I am in favor of intelligent humans opposed to the ongoing increase in stupid ones.