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A better idea is to force schools to underwrite student loans and keep at least a substantial portion on their books. And get rid of the rule against dischargin
by bradleyjg 11y ago
A better idea is to force schools to underwrite student loans and keep at least a substantial portion on their books. And get rid of the rule against discharging student loans in bankruptcy.
Then schools will have a disincentive to saddle students with giant debts in exchange for degrees that make it difficult to pay them off.
- mc32 11y agoWhat if things like education, sociology, art of the middle ages, African studies or paleontology don't average as well paying jobs as finance, law or cs?
- vasilipupkin 11y agothe question is, do you need a four year degree to study art of the middle ages, if you decide you want to? But suppose you do. First of all, there are private foundation which can sponsor this. Secondly, some people will do it simply because its fun, regardless of payoff, but then you don't need to sponsor them either via govt programs.