More than 1M fewer students are in college, the lowest numbers in 50 years

Re:More than 1M fewer students are in college, the lowest nu... by rgrieselhuber on Thursday January 13, 2022 @08:00PM (#29929244)

One question I’ve had is if tuition paid via student loans can go to a college endowment. That should end immediately, if so.

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Re:More than 1M fewer students are in college, the lowest nu... by brewdad on Thursday January 13, 2022 @10:55PM (#29930432)

Tuition money is fungible. If a school gets 20% of it's funding from loans (no idea what the real number might look like) and uses 30% of tuition money to fund their endowment, then the accounting will show that all of the loan money went to fund operations and only cash payments went to the endowment.

We've already seen this in every state where lottery funds "go to education." The new money doesn't increase the budget for education, it only frees up some money to be spent on something else.

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Re:More than 1M fewer students are in college, the lowest nu... by rgrieselhuber on Saturday January 15, 2022 @02:45PM (#29949520)

I’m sure that no moral hazards emerge out of that arrangement.

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