Just make universities public and they get funded by the tax payers directly.

Public universities are cheaper than private, but still too expensive to pay for using saving from a minimum wage summer job. There is no doubt that tuition costs are inflated, but the idea of how you make schools charge less money is complicated.

I don’t want to take away from your other excellent points about the American economy, but I think you missed the point about public.

Public like schools. Public like free education for anyone bright enough to pass the entrance exams. Public like investing in the future talent of the nation. Public like genuinely free tuition.

It’s cheaper than forgiving private loans because the banks don’t earn any interest in the first place.

It won’t happen in the USA of course, but that doesn’t make it a bad idea.