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.

  • Terevos@lemm.ee
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    1 year ago

    The ease of student loans would not exist without government backing. In a pure capitalism, this wouldn't be a problem.

      • Terevos@lemm.ee
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        1 year ago

        Yeah. Anarchy doesn't work. No argument there. But the blame for exorbitant college tuition lies with the state, not with capitalism.

        • Cyclohexane@lemmy.ml
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          1 year ago

          I can agree that it lies with the state, but that doesn't absolve capitalism. It's the capitalist state, and we shouldn't separate the two.

          • Terevos@lemm.ee
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            1 year ago

            Most of the activities of the state happen to be anti-capitalist though.

            So… Yes. We can separate the two because if the state ceased it's anti-capitalist activities, this wouldn't be a problem.