News for hackers. Stuff that matters.

A comment on U of Chicago projected to be the first U.S. university to cost $100k per year. Parent comment

Re:U of Chicago projected to be the first U.S. university to... by bluedevil2k on Monday November 04, 2019 @11:39AM (#21443314)
Make the college take a 10% stake in each loan. Suddenly they’ll start being more discerning about who they accept and what their majors are.
[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by pkaye on Monday November 04, 2019 @11:49AM (#21443457)
Suddenly costs go up 10%.
[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by paulcole on Monday November 04, 2019 @11:44AM (#21443378)
If someone told me they'd give me $1 if I throw away a dime, why wouldn't I just keep taking their dollars all day long?
[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by bluedevil2k on Monday November 04, 2019 @11:48AM (#21443451)
You don’t get a dollar (in your metaphor)...a student still requires variable costs so you’d be left with maybe a dime.
[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by paulcole on Monday November 04, 2019 @03:16PM (#21445992)
No. If the school assumes 10% of the risk of the loan, they still get the other 90% guaranteed.
[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by dredmorbius on Monday November 04, 2019 @05:05PM (#21447056)
Future risk-affected dollars != current risk-free dollars.

You have a cost of production.

The risks can be managed.

[ Parent | on HN ]
Re:U of Chicago projected to be the first U.S. university to... by Vaslo on Monday November 04, 2019 @11:41AM (#21443336)
What a great idea!
[ Parent | on HN ]