The GOP package, called the “Lowering Education Costs and Debt Act,” consists of five bills that the senators say will address the root causes of the student debt issue such as the increasing price of college and students taking out loans they can’t afford.

  • Radioaktvt@lemmy.one
    link
    fedilink
    arrow-up
    21
    ·
    1 year ago

    Sounds good on the face of it but really doesn’t address the mountain of debt most people are in currently. Agreed that schools and deceptive lending practices need to be reigned in, but let’s be real here, this doesn’t really address the root cause of the problem which is runaway costs. As long as people are willing to take the loans out the schools will continue to charge what they want. From what I read it’s just kicking the can down the road and putting the onus on a young student coming out of high school to make the right decision.

    • misguidedfunk@beehaw.org
      link
      fedilink
      arrow-up
      14
      ·
      1 year ago

      It’s so they can go home and bang the doldrums about the Senate not allowing their bill to progress. They get to campaign on, well I tried!