re: Govt should incentivize student loan payback by allowing all payments to be deducted.

quote:

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One of the biggest problems with higher ed is the unlimited money-spigot for universities caused by federally backed student loans. The solution isn't to get more involved but less. The federal government should not be incentivizing loans. If they stopped, the laws of supply and demand would cause tuition prices to plummet back to reality.

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Exactly.

We've elevated universities to a point where they're beyond reproach. Last year's state budget crunch revealed the fact that people think there is no fat to be trimmed from public universities. They're some of the most bloated bureaucracies today.