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This. Plus I remember reading an article a while ago saying that universities had no incentive to cut costs due to student loans. Effectively, student loans ar
by newman314 11y ago
This.
Plus I remember reading an article a while ago saying that universities had no incentive to cut costs due to student loans. Effectively, student loans are at least partially responsible for driving ever higher costs for tuition.
I'm very frustrated about this as I would like my (eventual) kids to go to college at my alma mater but at $40k+/per (for a public school !!!), I can't fathom that happening.
[1] Related read: http://www.nytimes.com/2015/11/29/upshot/student-debt-in-america-lend-with-a-smile-collect-with-a-fist.html http://www.nytimes.com/2015/11/29/upshot/student-debt-in-ame...
- HarryHirsch 11y agoI remember reading an article a while ago saying that universities had no incentive to cut costs due to student loans. If universities didn't have an incentive to cut costs, why the shift to adjuncts? Just to make life shitty for junior faculty? Do you really think that's plausible? Really?
- evanpw 11y ago(tongue only partially in cheek) They're only cutting costs in areas that potential students can't observe / don't care about, like teaching. They won't cut costs in important areas like admissions staff, gym facilities, football stadiums, and fancy architecture because students see those things on tours.