Colleges will lower costs or give more scholarships when lenders can't give out arbitrary sums to anyone which must be paid back. That is, if colleges want the

Colleges will lower costs or give more scholarships when lenders can't give out arbitrary sums to anyone which must be paid back. That is, if colleges want the same attendance. It could be that they keep the same costs and only a few students can pay. That opens a lot of business potential for everyone else though.