Blaming the people taking the loans is kind of absurd, for many it’s their only option if they want to continue their education. It’s not like they’re taking out loans they don’t need and burning the money.
“Legally-binding contract” is meaningless too, would you make the same argument against people who signed away their lives before slavery was abolished? Just because it’s legal now doesn’t mean it always will be, or that it must be enforced indefinitely.
You’re absolutely right that reducing tuition is the right move. Tuition is free where I am and some of the costs I see elsewhere are crazy. However, the options are not necessarily mutually exclusive; you can reduce tuition and help people that have already been shafted by the existing system.
Especially cause a lot of ‘legally binding’ stuff isn’t even actually legally binding. For a recent example look at non competes, a lot of judges don’t even enforce them cause they’re ridiculous and they actually just made them illegal for the little people.
Blaming the people taking the loans is kind of absurd, for many it’s their only option if they want to continue their education. It’s not like they’re taking out loans they don’t need and burning the money.
“Legally-binding contract” is meaningless too, would you make the same argument against people who signed away their lives before slavery was abolished? Just because it’s legal now doesn’t mean it always will be, or that it must be enforced indefinitely.
You’re absolutely right that reducing tuition is the right move. Tuition is free where I am and some of the costs I see elsewhere are crazy. However, the options are not necessarily mutually exclusive; you can reduce tuition and help people that have already been shafted by the existing system.
Especially cause a lot of ‘legally binding’ stuff isn’t even actually legally binding. For a recent example look at non competes, a lot of judges don’t even enforce them cause they’re ridiculous and they actually just made them illegal for the little people.
Also, given the age and social pressure of the people taking student loans it’s not that straightforward to just say it’s their own fault