re: Probably been said but there is a fix to the student debt "crisis"

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Probably been said but there is a fix to the student debt "crisis"

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This is one.

No more of an open check book for unlimited student loans.

Loans should be tied to value of the degree received and potential future earnings.

So for example, a liberal arts major that is only expected to earn 50K a year is only eligible for 75K in student loans.

Meanwhile a medical doctor that is expected to make 200-500K a year can get a million dollars in loans.

Also, grades matter. Anyone who has a GPA that drops below a 2.5 is no longer eligible for student loans.

One loophole may be if a student wants to game the system by saying they are going to be a medical doctor, but take nothing but liberal arts classes, but you can close that by requiring loans only be used for courses involved in the degree of study.