• Bubbaonthebeach@lemmy.ca
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    1 day ago

    This may not be a bad thing. In the late 80s, 90s when the ability to take on massive debt to obtain a degree became a thing, the cost of education skyrocketed. If most future students cannot go massively into debt, the cost of 4yr degrees should come back to earth.

    • phar@lemmy.ml
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      20 hours ago

      They will be able to go into massive debt via private loans. The debt will be higher. There will be no way for the govt to forgive the debt.