Policy suggestion, from @naval: forgive all student debt, and don't allow any more to be issued (i.e. nothing from government and it doesn't survive bankruptcy.)
Higher ed need some forcing function to improve; this would induce rapid change. There have to be better models.
Pay attention to who opposes this, and why.
Pay attention to who opposes this, and why.
The current system doesn’t align incentives—it’s too easy to saddle people with huge debt without increasing their income potential.
In fact, it's possible that a lot of universities lower it by discouraging people from thinking for themselves...and the trend doesn't seem good.
