The student loan debt crisis has been a problem in this country for quite some time, and it has caused quite a divide in our nation. On one side, some people think the government should bail them out of their loans. On the other side are people who think those who took out loans should honor their loan terms. However, both sides ignore the real culprit of the crisis: colleges and universities.
Finally, congressional Republicans introduced the College Cost Reduction Act to hold colleges accountable for their role in creating student debt. It’s a move that was long coming and should have happened years, if not decades, ago. Colleges charge predatory prices with little, if any, justification or explanation. Much of the cost goes to finance a bloated, unnecessary academic bureaucracy that does nothing but advance sociocultural and ideological agendas.
