Elizabeth Warren is the champion for lowering student loan rates and allowing students to refinance at today’s lower rates. Republicans have blocked her efforts presumably because the lower rates would be payed for by raising taxes on million dollar annual incomes and above.
While I believe obtaining a college degree as a free pass to success is an illusion, supporting college education is a necessity. But doesn’t that mean that if we are going to make education more affordable we must deal with the basic cost of college as well as the way we pay for it?
Have we learned nothing from trying to make health care “affordable” simply by subsidizing insurance premiums?
So, neither “free” college nor low interest loans are the sole answer and by themselves may be counterproductive… in my opinion.
What are your ideas for not only making college affordable (really), but assuring we collectively get the most value for society as a whole?