End public endowments for universities by forcing sale of assets and use profits to pay off student debt. This may be unpopular but universities should have to pay a price for drowning young Americans in life-long debt they cannot get out of. Tax payers should not have to front this burden and borrowers did accept this debt but the banks, universities and education system have created this mess and should play a role in solving it. They are not going to do that willingly. If young Americans are going to be able to afford to buy houses and start a family, they can’t continue to be burdened by loans larger than some mortgages. Especially when they fall for the dupe of modern education and the only thing they come out with is a useless degree. They have some blame in this for sure, but there is plenty of blame to go around. We need young Americans do be buying homes and start a family. We need young Americans to believe in the American dream again.
Many borrows continue not to have to pay their student loans due to the SAVE act being held up in federal court. For better or for worse, these borrowers will come to a harsh realization when this ends since they have gone the last four years of Biden Admin and through last year of Trump admin (Covid pause) not having to make payments. This is going to cause many issues that I do not think are realized currently.