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A comment on Tuition costs have risen 710% since 1983 (1200% since 1980). Inflation: 194%. Parent comment

Re:Tuition costs have risen 710% since 1983 (1200% since 198... by timfsu on Monday July 10, 2023 @02:10PM (#36670526)
The same incentive you'd have to do something for someone without receiving payment - a desire to help. I'd imagine the fact that people in that time had stronger familial ties to others in their village also helped increase payback rates.
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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by ars on Monday July 10, 2023 @02:30PM (#36670884)
And both religious created a way to indirectly pay interest by turning it into a business partnership.

i.e. when you are helping someone (a friend, relative) you don't pay interest. But when it's a business loaning the money that desire to help doesn't exist, and it becomes a business partnership instead.

https://en.wikipedia.org/wiki/Loans_and_interest_in_Judaism specifically: "Heter iska". And https://en.wikipedia.org/wiki/Murabaha for Muslims (I think there are other forms as well). A copy of a Heter Iska: http://www.jlaw.com/Forms/iska_d.html

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by OkayPhysicist on Monday July 10, 2023 @08:15PM (#36674899)
You're supposed to use Mudarabah[0] preferentially, which is dramatically less of a lazy hack around usury rules than Murabaha. (Also as a English speaker, those words are very hard to distinguish.)

[0] https://en.wikipedia.org/wiki/Profit_and_loss_sharing

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