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Americans, how would you feel about making student loans completely illegal? (lemmy.world)

submitted 1 year ago by nodsocket@lemmy.world to c/asklemmy@lemmy.ml

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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.

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[–] VieuxQueb@lemmy.ca 1 points 1 year ago

And yet as a Canadian I know a lot of people who did not persue higher education because it's too expensive to do so. Only the rich can afford a "good" education.