Haven't we been dealing with university tuition spiraling out of control for decades now?
Has anyone wondered why that is? It's not because professors are making so much more money, or classrooms are just that much better stocked than they were, because they're not. More and more classes are being taught by associate professors and TAs than ever before.
Universities have been getting more and more guaranteed money in the form of federal loans. What do organizations do with guaranteed money? Spend every last dime and figure out how to get more.
I'm paying my way through college right now, without federal loans.
I agree that tuition is ridiculously expensive, but is making it so that fewer people are able to attend college the best solution to that? Surely there is another way to get colleges to reduce their tuition.
I'm glad you are able to work your way through college, but not everyone is able to do that. Should the poor not have the same access to education as the better off? Think of the ramifications of that.
He is talking about federal student loans, not private loans. If he had his way you would still be able to go to college, it would just cost a bit more in the long run.
He argues that education accounts for a ridiculous proportion of the debt that people carry. So I doubt he's cool with it "costing a bit more" just to get the cost out of the government arena.