Re:The college debt crisis is worse than it seems
by rayiner on Monday May 23, 2016 @03:41PM
(#11756310)
> The whole issue is universities aren't having to deal with market forces. Add back in the incentives and it'll be 10x cheaper.
That's not the whole issue. If you remove the loan payback guarantee, then creditors will start to evaluate the creditworthiness of students and their families when deciding whether to offer educational loans. Poor families not being able to get loans is a political no-go.
That's not the whole issue. If you remove the loan payback guarantee, then creditors will start to evaluate the creditworthiness of students and their families when deciding whether to offer educational loans. Poor families not being able to get loans is a political no-go.