Re:Student Debt Lawsuits Are a Lucrative Business
by godelski on Tuesday November 14, 2017 @12:18PM
(#15697029)
The idea here is that there is a feedback system causing the price of tuition to go up. Banks can lend at little risk and schools can charge a lot because students can get loans.
The hypothesis is that if students can't get the loans then the schools can't charge as much and have to become leaner. Combine this with a social change in perception of "you need to go to college to be successful" and I think the idea has merits. Simplified and not the full answer, but it definitely has merits.
The hypothesis is that if students can't get the loans then the schools can't charge as much and have to become leaner. Combine this with a social change in perception of "you need to go to college to be successful" and I think the idea has merits. Simplified and not the full answer, but it definitely has merits.