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A comment on Universities are broke – let’s cut the pointless admin and get back to teaching. Parent comment

Re:Universities are broke – let’s cut the pointless admin an... by oh_sigh on Wednesday August 23, 2017 @06:50PM (#15085884)
Allowing discharging of student debts in bankruptcy will lead to lenders tightening who they loan to, leading to the poorest of Americans not getting loans, and therefore no academic way to claw out of heavy poverty.
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Re:Universities are broke – let’s cut the pointless admin an... by ssambros on Wednesday August 23, 2017 @07:00PM (#15085954)
Why won't a poor high-SAT-score, future STEM graduate be able to get a loan? Banks will mostly take into the account the probability of loan repayment, not how poor the person is right now.
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Re:Universities are broke – let’s cut the pointless admin an... by ams6110 on Wednesday August 23, 2017 @07:23PM (#15086106)
A poor, high-SAT-score, STEM student will get scholarships, not loans.
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Re:Universities are broke – let’s cut the pointless admin an... by oh_sigh on Wednesday August 23, 2017 @07:13PM (#15086039)
People from poor families drop out at a higher rate than non poor family peoples, as well as carry over lower average earnings and a higher likelihood of defaulting on loans even after graduation. A single generation getting a diploma will not equalize the gap between poorer and richer families.
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