Show HN: Is the stock market going to crash?

Re:Show HN: Is the stock market going to crash? by empath75 on Monday August 07, 2017 @11:55AM (#14948457)

I think that there has to be some responsibility pushed back onto the universities and banks that are selling these loans for defaults. I think it's obscene that colleges are selling near-useless degrees to 18 year olds for $50k+. There has to be some incentive for either colleges to charge less for certain degrees or push people into degrees that will lead to higher paying jobs, or simply get pickier about who they admit.

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Re:Show HN: Is the stock market going to crash? by SmellTheGlove on Monday August 07, 2017 @04:17PM (#14950895)

But there isn't any risk to the school or the lender. Anyone can get student loans up to the federal cap, and they're practically not dischargeable, either.

The incentive has to come from somewhere else, but most solutions involve making it a lot harder for poor people to go to college. It's a tough problem.

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Re:Show HN: Is the stock market going to crash? by empath75 on Monday August 07, 2017 @05:58PM (#14951615)

Make the schools have to refund some of the money if their students default.

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