I’d probably pause loan repayments (no need to dig a deeper hole), make student loans dischargable via bankruptcy, wait a bit for the market to figure itself out. Once we’ve figured out what the value of each degree is, we can refund the difference to everyone who’s paid.
There’d be a bit of fudging as we’d need to adjust for inflation and the reputation of colleges fluctuate over time, but this seems like the fairest way to do it.
bee_rider|12 days ago
There’d be a bit of fudging as we’d need to adjust for inflation and the reputation of colleges fluctuate over time, but this seems like the fairest way to do it.