The reason why student debt is basically unheard of in Denmark since college is free (although to make that happen, the Danish government poses high taxation towards citizens like they do in order to maintain stable social security nets like subsidised healthcare and public housing, also why they have less homelessness).
Mainly Danish, Swiss and European citizens are eligible to study without stressing over student debt upon graduation. It stems from this: Danish government is more on for the people while American government is more on caring about themselves plus nepotism on the side (MORE & HIGHER TAXES TOO ON TOP OF THAT).
It requires two things America doesn’t want to do.
Taxing the rich and nationalizing an industry.
And counting education as more than a just money extraction device imposed on the populous.
Not even. Every state has a public university system. Many of which used to be free. It’s as simple as investing enough that they be free to state residents again.
Let the private universities continue as they want. Some people will use them but they’ll need to compete against free
It’s not, because public universities are price gouging.
State governments have direct control over their states public university system, including how much they charge
Not enough control, clearly.
But thank you. Also feels like another argument in favor of nationalizing them.