Occupy abolishes $4 million in other people's student loan debt-- OOOHH! Me next!

[the2real4mafol]

sc94597 said:

the2real4mafol said:

There is if we all chip in together. Not free but cheaper 

Time should be only the currency to spend 

I don't know how it works in the UK, but since the federal government has gotten involved in higher education the inflation rates for college have exceeded the average inflation by about six times. Why? Because the schools know that they can make the cost of education expensive and the actual burden won't be on the students but rather the government. If I were born in 1960 I could afford my top private (as a poor student - bottom 5%) by working part-time - 20 hours a week. Today because of high inflation rates I need to be subsidized 3/5th of my tuition/cost of education by my university, 1/5th by the federal government (loans/grants), and I still work part-time (20 hours) to pay the rest off. I'd rather the first option than the second, because in the end I would have much less debt. 

Honestly, I don't think the solution is to give more money to the universities and allow them to have control over prices like they do now because of subsidies. 

That sounds interesting but how do we know if University would be affordable like that still if University wasn't interfered by government (I assume they are mostly private in America, most British universities are public and was free at point of use till 1997). 

In the 60s, the economy was very strong, debt was low, everyone was working and disposable income was very high. But the strong economy that existed in the 50s, 60s and early 70s couldn't last forever and i'm not sure if government can be blamed for the majority of problems. Ironic as it was, there was little competition for America back then and so it could do very well. 

And if you don't think better funding is the answer, how would you make it so university is actually affordable for everyone?