• givesomefucks@lemmy.world
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    1 day ago

    Surprised it took so long for the article to state the obvious reason:

    That means that some students might be pushed to turn to private lenders, who tend to charge higher interest rates.

    It doesn’t lower tuition. It removes access to federal loans

  • SatansMaggotyCumFart@piefed.world
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    1 day ago

    Usually being college or university educated means you make more money and pay more taxes your entire life so why does America make it so difficult to do?

    • AlexLost@lemmy.world
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      19 hours ago

      Because in America, they don’t want the masses to have an opinion that the masters didn’t give them to have. Having you educated by an unrestrained academia is counterproductive to their advancement of doublespeak.

    • Fluffy Kitty Cat@slrpnk.net
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      1 day ago

      Debt slavery they can turn around and blame you for. College students had to be punished for protesting the Vietnam war

    • ijedi1234@sh.itjust.works
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      1 day ago

      Because every job that doesn’t pay minimum wage requires a college degree. So the universities know that you need to pay up if you’re looking to stay off the streets in your 20s.

  • Bubbaonthebeach@lemmy.ca
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    20 hours 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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      9 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.

  • Øπ3ŕ@lemmy.dbzer0.com
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    1 day ago

    The collegiate for-profit model is dying. This is just its parasites gorging themselves before the end.

    • j0ester@lemmy.world
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      23 hours ago

      Only if you make a million or more a year. You’re fine! Republicans hate the middle class. They only want Poor and Rich.

    • ijedi1234@sh.itjust.works
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      1 day ago

      Absolutely. The US has made major advancements in how to inflict pain. In fact, if you’re someone who gets certain urges about deconstructing people, you will now find it even easier to let those urges out by joining one of our law enforcement institutions.