Re:Some U.S. Colleges Cut Tuition
by WaitWaitWha on Monday December 21, 2020 @12:06PM
(#25496844)
Misunderstanding - "I read..." as in, I interpreted the post I am responding to.
(I have an excuse, as English not my first language, but not excusable. Sorry.)
What I did come across a while back was a study done by the NY FED. On the effect of the amount of available credit and tuition rates, they found that increased loan availability did increase tuition costs, but they looked at subsidized and unsubsidized loans and how much they increased the tuition cost. They found:
"We estimate tuition effects of changes in institution-specific program maximums of about 60 cents on the dollar for subsidized loans and 15 cents on the dollar for unsubsidized loans"
https://www.newyorkfed.org/medialibrary/media/research/staff...