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A comment on Boston University Undergraduate Costs Reach $80k. Parent comment

Re:Boston University Undergraduate Costs Reach $80k by indecisive_user on Sunday May 08, 2022 @11:54PM (#31310436)
And it has the side effect of forcing universities to consider the risks of loaning out hundreds of thousands of dollars for a degree that pays $50k on average.

When students can no longer afford infinite loans, the price of these degrees will magically drop like a rock.

[ Parent | on HN ]
Re:Boston University Undergraduate Costs Reach $80k by throw123123123 on Monday May 09, 2022 @11:16PM (#31323027)
It must be understood that making them dischargeable would make student loans unfeasible - the lending rate to adjust for the risk would be so high that unless it were subsidized it would be impossible to pay.

It would give the people a way out today - a few years of bad credit sure, but worth it if you are really underwater with them.

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