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Would another market solution be to have the university underwrite the first 10% or 20% of the loan. In effect, they would be on the hook if the student tried t
by gshubert17 10y ago
Would another market solution be to have the university underwrite the first 10% or 20% of the loan. In effect, they would be on the hook if the student tried to take on too much debt, etc. As it is, universities seem to have little motivation when the debt is carried by third parties to help their students after graduation.
- nugget 10y agoAbsolutely. Generally you want to align incentives as closely as possible. In this case you want the student, their family, the University, and society at large to all be aligned in making sure the student is successful (however you want to define success).