Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by iguy on Thursday April 30, 2020 @02:48PM
(#23034570)
Clearly both would happen, right? Harvard doesn't set their prices based on loans, they wouldn't care. Some mid-rank colleges would disappear, and some would adapt to serve the new market.
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Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by jedberg on Thursday April 30, 2020 @02:53PM
(#23034631)
> Harvard doesn't set their prices based on loans,
They most definitely do:
https://www.thecrimson.com/article/2006/10/25/tuition-increa...
Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by iguy on Thursday April 30, 2020 @03:31PM
(#23035095)
Well perhaps I should have said, they don't have to. Right now they need not bother to charge at all. And how they set the sticker price is only a small part of the picture anyway, since they gather near-perfect information about your parents ability to pay (or to donate!) before anything gets agreed.
Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by ZoomerCretin on Thursday April 30, 2020 @05:19PM
(#23036267)
This source does not have any information related to loans availability correlating with tuition prices. Are you making the assumption that tuition hikes can only be caused by loan availability?