I think you are missing an important one. I am not sure what the title would be, but the ideology says something like: “The students chose which courses to take and loans to pay for them. The debt is to some extent self inflicted.”
I think this makes student debt very different from, for example, medical debt. Where medical debt can land unexpectedly and be unavoidable for the unlucky, student debt is taken on voluntarily.
Half a joke, but arguably debt relief should only be available to those willing to forfeit their degrees. (A sort of “We’ll return the money if you return the goods” argument). If there was a mechanism by which someone’s degree could actually be taken off them in a meaningful way this would actually be quite interesting, as it would further incentivise university’s to make sure their courses were less expensive and better value. I am now trying to imagine a world where any student at any time can go to their old university, and demand a (partial?) refund in exchange for giving back the degree. There is some decaying system, where returning the degree the day after graduation gets close to 100% refund but giving it back 10 years later gives much less.
I think you are missing an important one. I am not sure what the title would be, but the ideology says something like: “The students chose which courses to take and loans to pay for them. The debt is to some extent self inflicted.”
I think this makes student debt very different from, for example, medical debt. Where medical debt can land unexpectedly and be unavoidable for the unlucky, student debt is taken on voluntarily.
Half a joke, but arguably debt relief should only be available to those willing to forfeit their degrees. (A sort of “We’ll return the money if you return the goods” argument). If there was a mechanism by which someone’s degree could actually be taken off them in a meaningful way this would actually be quite interesting, as it would further incentivise university’s to make sure their courses were less expensive and better value. I am now trying to imagine a world where any student at any time can go to their old university, and demand a (partial?) refund in exchange for giving back the degree. There is some decaying system, where returning the degree the day after graduation gets close to 100% refund but giving it back 10 years later gives much less.