Re:U of Chicago projected to be the first U.S. university to...
by buboard on Monday November 04, 2019 @06:13PM
(#21447732)
if (2) is possible, what's the difference if (1) happens? Someone will have to pay that debt eventually (the taxpayer).
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Re:U of Chicago projected to be the first U.S. university to...
by to11mtm on Monday November 04, 2019 @08:56PM
(#21448895)
Scenario (2) more likely indicates that before (1) happens, a number of colleges would have to go bust in rapid succession.
TBF my biggest problem with scenario 1 happening would be if scenario 2 DIDN'T happen first. Colleges have too long been promoting degrees that they knew students would never be able to pay off reasonably.