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Rising cost is fueled by student loans. Problem could be easily avoided, if there would be upper limit on state guaranteed loans, perhaps $50,000?
by jkot 11y ago
Rising cost is fueled by student loans. Problem could be easily avoided, if there would be upper limit on state guaranteed loans, perhaps $50,000?
- Someone1234 11y agoSo now poor students cannot attend top end schools, or expensive courses (law, medicine, engineering, etc), but richer ones can. I completely agree that something has to be done to limit the rise in tuition costs; I personally think greater transparency requirements (e.g. the student has to know how much study will cost before they can be accepted, a system that compares all US colleges for a specific course, etc). I don't honestly think students REALLY grasp how much college is going to be costing them and what the payback period. How can someone spending $40K on an English Lit major really think it is going to pay for itself? They must not have looked at the specifics or figured out the repay period.