Amen - tuitions are skyrocketing because of the "free money". It is also awful p... | Hacker News

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outside1234 on April 20, 2022 | parent | context | favorite | on: U.S. forgives 40k student loans

Amen - tuitions are skyrocketing because of the "free money".

It is also awful public policy to train people to get into debt right out of the gate - this just has all sorts of bad long term consequences.

nradov on April 20, 2022 [–]

Debt isn't inherently evil, it's just a tool. But any tool whether it's a hammer or a gun or a student loan can be used for good or evil.

aksss on April 20, 2022 | [–]

Predatory debt traps are evil. The student loan industry (the schools being the marketers and beneficiaries) seem like predatory debt traps to me.

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