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Interesting. You're right. It halved in 2009 and dropped even further to about 40% of its previous high, although it appears to be growing again... [1] I sti
by a-dub 11y ago
Interesting. You're right. It halved in 2009 and dropped even further to about 40% of its previous high, although it appears to be growing again... [1]
I still think that it would be wise to structure the marketplace such that there is even less private lending. I think this ultimately gives the Federal government more policy levers that can be used to push back on tuition.
I do agree with the original piece that the peek-a-boo games that college's play with their financial aid packages are silly. The pricing should be clear and simple, discounts for low-income students should be stated up front. Today's "Let's make a deal" games are just dumb...
[1] http://trends.collegeboard.org/student-aid/figures-tables/total-federa-nonfederal-loans-time http://trends.collegeboard.org/student-aid/figures-tables/to...