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Zaktor ,

I don’t think the US university system is going to rework their fees because 160,000 people got public-service or low-income related forgiveness. It’s not even giving money directly to schools or financial institutions. The worst case is people who plan to either be poor or do public service may be less cost conscious when applying to schools, but the PSLF and income-based payment programs already existed and more importantly 18 year olds are just completely clueless about what taking out a $100,000 loan means. People fetishize economics like it’s a perfect mathematical system where every dollar spent will yield results in some other part of the system while just outright ignoring all the complete irrationality that exists in consumer decisions.

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