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comment by uhsguy
uhsguy  ·  604 days ago  ·  link  ·    ·  parent  ·  post: He-student-loan-giveaway-its-much-bigger-than-you-think

Essentially student loans will all go to income based repayment. That completely removes the caps for tuition fees and allows all sorts of bad behavior to occur similar to whats happening right now in the medical field except worse because the tax payer will cover the short fall.

Long term this probably does not matter because executive orders only last as long as the president remains in office, but its going to create some perverse incentives for universities to trap students in even more extreme debt.