deadlandsMarshal

You know what's a good business? Tiny coffins. You can get them in fire engine red, or froggy green.

"The Hall of Becoming."

So I agree with you that students need to be protected, but...

Student debt isn't just about asset. Student debt is it's own uniquely set form of socially suicidal debt.

Because those with credit card debt or mortgage debt may or may not be in positions to make/do/lead/research/invent everything in every way that our society needs to thrive and survive, but college students absolutely are, and that's what they're going to college to do.

But UNIQUELY student debt is saddled squarely on the shoulders of the generations that all of us are going to be relying on to do just that. They are going to be our next political leaders/engineers/religious leaders/research scientists/doctors/architects/infrastructure planners, and literally everything else we as private citizens need our government to do, but also large companies need their employees to be able to do, to be able to not go bankrupt themselves. Especially that many of THE most respected schools could offer a free education to everyone who applied and not go bankrupt

So, as a means of temporary wealth growth, we're jacking up the rates of tuition setting up college student to HAVE to rely on going into massive amounts of debt, to keep our society running...

What happens when none of them can fulfill the purpose they went to school for, because employers are background checking credit scores, and students are stuck with all this unpayable debt?

What happens to the profitability of our entire banking system when we've bottomed out the American economy and those with the necessary capacity to fix it, are removed from the equation to keep holding their feet to the debt fire?

Why aren't we making education as available as we possibly can? Why do we keep insisting on forcing future generations to pay for the temporary profits that could be later garnished now? And when this bubble burst, and it will, why should anyone let any institution/lender/university/pundit/bank that participated in the financial melt down ever be part of the solutions to these problems ever again?

The best way we can protect the students, the jobs they will fill/create, and our economy is to NOT keep trying to inflate profits while burdening our starting out graduates with debt, at all.

Well, without centralized banks, we wouldn't need to regulate the economy itself. A lot of our regulation is on preventing centralized banks from choking our economy or stealing from their own customers (i.e. fraudulent loans, savings theft, etc.)

Vaccinated children know this one weird trick.