Federal Student Loans Should Be Abolished.

Before I begin, a brief observation:Pro is making the claim, therefore he has the burden of proof. His burden is to prove that federal student loans should be abolished. As con, my burden is to negate his argument. That could mean that I argue that there is something wrong with the federal student loan system, and that such a problem needs to be addressed, but not addressed in the way PRO proposes OR it could mean that I defend the status quo. It could mean that I argue that the harms PRO seeks to address are not problems, or his solution is not sufficient to address them. All would negate the resolution. Now, I'll talk about PRO's case, and make some counter arguments in response.PRO's Case:PRO's first argument states that federal student loans have caused an education bubble. He reasons that tuition has "skyrocketed" because federal student loans, which he calls a subsidy, cause prices to rise. Indeed, there may be some correlation there, but the fact that students have access to federal student loans is not by itself enough to indicate that those loans specifically caused an increase in tuition prices because there could be any number of other factors. For example, colleges may have had to raise tuition prices because their operating costs increased and federal student loans offset that higher operating cost. It could be that public universities receive less public funding, and therefore universities must offset that shortfall by raising tuition. It could be that universities just do more for students now, and waste resources on things like unnecessarily extravagant dormitories and facilities. It could be that university endowments just aren't as big as they once were and students have to foot the bill in consequence.Source: http://www.washingtonpost.com...So, if tuition prices are something PRO wants to fix, he's ignoring the bigger picture. But, let's talk about the harm of abolishing student loans. Federal student loan interest rates range from about 3.86% - 5%, and their rates are fixed. Source: http://studentaid.ed.gov...Private student loans are usually considerably higher than that. Discover's fixed rate undergraduate student loan rates begin at 6.74% and can rise to 10.99%. Source: https://www.discover.com...Suntrust fixed rate student loans range from 4.751% APR to 10.415% APR. Source: http://www.suntrusteducation.com...Federal student loans more affordable for all students now because the interest rates are lower. If federal student loans were abolished, it is reasonable to infer as well that private student loan rates would increase because of both increased demand for them, and because private institutions would have the luxury to set their borrowing rates much higher. That would increase the overall cost of education much more for all students who must borrow to afford college, and amplify the long term harms that PRO is trying to remediate by abolishing student loans. PRO repeats himself with a second contention that "federal student loans have caused a rise in tuition." PRO contends that tuition prices have been artificially inflated because of government intervention. Yet, the evidence he offers for that, from the Cato institute, suggests that the reason for increased prices is because of supply and demand imbalances, such that because "more Americans have sought education" tuition prices are "higher." So, the cause of tuition increases has more to do with increased demand for higher education than the fact that the federal government makes college comparably more affordable than private lending institutions. PRO's other warrant offers another alternative cause: university greed. Pro cites Peter Wood, a professor at Boston University, who said that "colleges and universities" set tuition "high enough to capture... funds" wherever they "can be extracted from parents." So, while it is the case that money to pay for college is easier to come by where federal student loans are an option, that does not mean that abolishing federal student loans is either going to reduce tuition rates or have any impact to lower the cost of higher education at all so long as colleges retain the incentive to charge higher prices and students have access to private loans. So, PRO's solution is not only insufficient to address the problem he's trying to solve, but it very likely could make the problem worse by increasing the overall cost of education -both tuition prices and interest paid on private student loans.PRO's final argument is that "federal student loans" have harmed students." PRO argues that because in 2012, 56% of bachelors degree holders under the age of 25 were jobless or underemployed and that student loans are directly responsible for unemployment among those with bachelors degrees. He offers no causal link between student loans student loans and unemployment, however. He fails to consider that the number of people who are under the age of 25 who are unemployed or under employed would be higher if those people did not have a bachelors degree, and ignores the possibility that the extant US economic situation is more directly to blame for aggregate high unemployment rates among all Americans and especially among people entering the labor force for the first time. He likewise offers no explanation for how abolishing federal student loans will lower unemployment or underemployment. PRO contends that students are negatively impacted by debt, and therefore student loans should be abolished. But, what PRO fails to consider, which I have addressed earlier, is that in the absence of federal student loans, students who need to borrow to afford college must seek other means. The only other option for the vast majority of those students would be private lenders, whose interest rates are already higher than federal student loan rates and whose interest rates would skyrocket if federal student loans were abolished. The impact of this would be to raise the cost of borrowing money, which would profoundly increase the cost of higher education, which would exacerbate the problem pro is seeking to address rather than remediating it. PRO argues that federal student loans harm student's credit scores, which is just false. Students build credit while they are in college, and their scores are only harmed if they default. If students default on payments, that is because they did not pay back money they borrowed, not because they were leant money in the first place. Pro fails to account for this. Irrelevant AlternativesPRO's alternatives are irrelevant to this debate because the resolution is only about whether or not student loans should be abolished. That there are other alternatives PRO thinks are better than student loans do not help his case because his alternatives (tax credits and work study programs) can coexist along with federal student loans and we know this because, based on the evidence he cited, similar programs already do.I'll look forward to the next round.