Re:Ripping Off Young America: The College-Loan Scandal
by rhizome on Friday August 16, 2013 @02:29PM
(#6225850)
Part of the reason prices have gone up so much is that credit has become so easy.
Think of it as a perverse incentive for collusion between the schools and finance providers to milk the students through the mechanism of easier credit.
Think of it as a perverse incentive for collusion between the schools and finance providers to milk the students through the mechanism of easier credit.