re: The student loan industrial complex

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Tuition would plummet because the demand at current prices would evaporate.

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No. Stop saying this.

What will happen is a bunch of colleges would cease to exist. There would be a demand drop followed by an immediate or simultanous supply drop. The market would quickly find balance and prices would remain the same.

So you would end up with a system with much fewer students and options, the same prices, and the inabiity for the majority of high school grads to access that system.

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There would also be a large number of borderline college ready graduates going into the workforce or to trade/2 year schools to figure their shite out until they could afford a 4 year degree.

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I'm all for expanding community colleges. But, too many jobs "require" a 4 year degree as nothing more than a screening device.