Re:USC pushed a $115k online degree – graduates got low sala...
by m0zg on Wednesday November 10, 2021 @04:57AM
(#29172957)
> She wouldn't be allowed to buy a 300k car with no possibility of bankruptcy.
There are two ways to interpret what you said:
1. Allowing bankruptcy would basically eliminate student loans as a thing, for the typical "moral hazard" reasons. So it's not a realistic proposition.
2. Limiting the amount to something more reasonable, that's something I would actually support. Say, 15-20K/yr, inflation adjusted? Education cost for those financing themselves would also drop considerably.
There are two ways to interpret what you said:
1. Allowing bankruptcy would basically eliminate student loans as a thing, for the typical "moral hazard" reasons. So it's not a realistic proposition.
2. Limiting the amount to something more reasonable, that's something I would actually support. Say, 15-20K/yr, inflation adjusted? Education cost for those financing themselves would also drop considerably.