Via Robert Shibley, who has an elegant solution to the problem: “1. Capitalize the schools to loan enough money for 4 years of student loans. 2. No selling the loan notes – let them loan the money and collect it. The end. What do you wanna bet that college suddenly gets rigorous and cheap?”
“Herein lies a lesson: A huge number of people have decided that there are a cadre of people who are so vile that any opinion they touch is immediately toxified beyond investigation. Claims are not to be evaluated on their own merits; instead, we can simply determine whether a claim ought to be supported based on those who posit it. This helps to explain why political crossover has become nearly impossible: We’re not judging the claims of our opponents; we’re judging each other. And this means that we can discard any argument simply by dint of the fact that we don’t like the person offering it. “
This was so blatantly and obviously unconstitutional that even Pelosi said it was (at least initially). I’m cynical enough to suspect that they knew they had no hope of winning, but did this to rile up the base to again demand packing of the court.