Re:Fancy Dorms Aren’t the Main Reason Tuition Is Skyrocketing
by matwood on Wednesday September 14, 2016 @02:33PM
(#12499927)
100%, and we have seen it in other areas. Remember the housing bubble caused by anyone and everyone being able to get loans for insane amounts of money that could never be paid back? Same thing.
When lots of money is loaned out with artificially low rates (because they are not able to be discharged and are backed by the gov.) this is exactly what happens.
When lots of money is loaned out with artificially low rates (because they are not able to be discharged and are backed by the gov.) this is exactly what happens.