News for hackers. Stuff that matters.
Re:Ripping Off Young America: The College-Loan Scandal by danielweber on Friday August 16, 2013 @04:33PM (#6226604)
That's better, but what you will end up with is colleges pricing their "good" degrees higher and higher until they have captured almost all of the wage surplus that workers get from going to college.
Re:Ripping Off Young America: The College-Loan Scandal by dnautics on Friday August 16, 2013 @05:12PM (#6226765)
Then people will stop getting that degree, and the competitive salary for that degree will get higher.
Re:Ripping Off Young America: The College-Loan Scandal by danielweber on Friday August 16, 2013 @06:08PM (#6227001)
If the NPV of the wage premium of becoming a botanist is $400K, colleges will charge $360K.

What, don't you want to become a botanist???