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<blockquote data-quote="911" data-source="post: 945781" data-attributes="member: 11221">My 5min Saturday nigtht solutions for college debt, channeling my inner Orban here:1- Put price controls on college tuition, $7k-$10k/yr tops, and strongly encourage colleges to refocus their missions on teaching, force them to make massive cuts in administrative overhead and frivolous fat like title IX-type bureaucracies. Set a high percentage of their budget on faculty payroll and essential physical maintenance.2- Eliminate interest on current student debt, and set maximum interest on future debt at Fed rate plus a small premium, around the same as mortgage rates.3- Freeze debt payment and interest on the debt of married parents once they have a child, until the child is 16yo for the mother and 10yo for the father. For example if a couple has a newborn this year, dad doesn&#039;t have to repay his college debt until 2029, mom until 2035. No interest is accrued until then. This has for effect of slashing their debt in real terms by about 50%-75%.No debt breaks for single moms, because they already get welfare.</blockquote>

[QUOTE="911, post: 945781, member: 11221"] My 5min Saturday nigtht solutions for college debt, channeling my inner Orban here: 1- Put price controls on college tuition, $7k-$10k/yr tops, and strongly encourage colleges to refocus their missions on teaching, force them to make massive cuts in administrative overhead and frivolous fat like title IX-type bureaucracies. Set a high percentage of their budget on faculty payroll and essential physical maintenance. 2- Eliminate interest on current student debt, and set maximum interest on future debt at Fed rate plus a small premium, around the same as mortgage rates. 3- Freeze debt payment and interest on the debt of married parents once they have a child, until the child is 16yo for the mother and 10yo for the father. For example if a couple has a newborn this year, dad doesn't have to repay his college debt until 2029, mom until 2035. No interest is accrued until then. This has for effect of slashing their debt in real terms by about 50%-75%. No debt breaks for single moms, because they already get welfare. [/QUOTE]

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