The value of higher education has changed both, economically and academically. Colleges have become businesses by looking at students as costumers. The value of college has been altered from shaping intellects to shaping economic inequality. The proposal of the president forgiving all student loans goes along with the assumption that by doing this, individuals will automatically start helping the economy since they would not have to be losing a portion of their incomes and that will increase their purchasing power. The debt-free college proposal is also connected to this assumption of helping the economy, but it centers around the idea of getting rid of the economic boundaries that make higher education a private commodity. The social priority of helping minorities access higher education is also correlated to the debt-free college
The value of higher education has changed both, economically and academically. Colleges have become businesses by looking at students as costumers. The value of college has been altered from shaping intellects to shaping economic inequality. The proposal of the president forgiving all student loans goes along with the assumption that by doing this, individuals will automatically start helping the economy since they would not have to be losing a portion of their incomes and that will increase their purchasing power. The debt-free college proposal is also connected to this assumption of helping the economy, but it centers around the idea of getting rid of the economic boundaries that make higher education a private commodity. The social priority of helping minorities access higher education is also correlated to the debt-free college