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Meritocracy aka "Give everything to Asians".
Some universities spend the money on paying large sums to people like Hillary Clinton for speaking engagements.
So you just have to risk death....or move to a state like Georgia (or any of the others that already offer free in-state tuition).Join military and don’t pay for college?
Boom
Out of high school students can go to a subsidized 2 year college where they can either learn a trade or earn a "pre-university"(for lack of a better term right now) degree for subjects such as STEM, or law, or English, etc.
Once you have a "pre-university degree" you can go to a university that can be paid with PRIVATE student loans, or grants, scholarship etc. to get a full undergraduate degree.
The Pre-university and university can operate in the campus under the same entity, but the pre-university part would teach a more standardized curriculum as opposed to the full degree curriculum.
Join military and don’t pay for college?
Boom
Leave the system basically the same, but put a cap on how much money a public institution can charge for tuition so that prices stay within reason.
Then introduce comprehensive programs into high schools where students can begin to learn trades such as being a plumber, carpenter, electrician, auto mechanic, computer programmer, etc.
Most professions do not need college at all. They need expertise. A lot of kids in high school feel hopeless because they are not on track for college and they have no idea you can make $75,000 a year as a plumber or electrician.
Which do you think is the best way to handle how colleges are supported?
1. Free college for everyone after high school as Bernie has advocated for?
2. Free college for those who are qualified in a weeding out process as is done in Scandinavia
3. Ending of loans/grants and public support and making colleges free market based
4. Using the current university support system but without support for for profit colleges?
5. Changing the current policy on loans, having colleges be required to cover at least part of defaulted loans and not having any forgiveness plans?
6. Using solution 5 but altering it so that the thoroughly qualified, capable students in STEM, English, history and literature can get support and we don't have floods of majors that won't do anything?
7. Having private loans or more of a mix of public and private loans?
8. A fundamentally different solution from the above?