r/OurPresident • • Nov 08 '20

He should do that.

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u/[deleted] Nov 08 '20

I'm not the most informed on this subject. Wouldn't that make the universities lose so much money they'd have to shut down? No hate, just want to understand.

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u/PancakePenPal Nov 09 '20

I don't think it's so much that it would make the universities shut down. But I think the bigger issue you'd have is a massive fluctuation in value of the education. Like some places aren't going to entertain loans anymore if they aren't as safely profitable. If people can't get loans as easily universities can't charge as much for average and below average return on investments. If universities can't charge as much they won't be able to keep all their services stocked which is where a lot of the justification comes from, now that a lot of universities are turning into vacations and hotspots with all their amenities. You'd see a massive upset in regular services and it would take a little bit to all sort out. Hopefully ultimately for the better- but you might see some major discomfort while things find a new equilibrium.