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> Students are free to go to less expensive schools. Agree it's rational but it's still ironic. Things like Uncle Sam handing out loans like candy is not help
by rdtsc 9y ago
> Students are free to go to less expensive schools.
Agree it's rational but it's still ironic. Things like Uncle Sam handing out loans like candy is not helping or states cutting fund to state school is also not great.
The less expensive school tactic from what I hear these days is to go to a community college for 2 years to get as many prerequisites in then switch to a more expensive university to graduate. The rational behavior from the more expensive university is then probably to refuse credits from community colleges so they can increase their profits and fleece students more.
- dsfyu404ed 9y ago> The rational behavior from the more expensive university is then probably to refuse credits from community colleges so they can increase their profits and fleece students more. ...which funnels those students into state schools that are usually forced by state regulation to allow CCs in the same state to operate feeder programs. The rich kids go to private schools or stick around to get masters and we're back where we were decades ago only all the numbers are much bigger, the minimum amount of degree is higher (a 2yr is the new high school diploma, a masters is the new bachelors, etc.) the average person gets being an adult pushed back by about four years and whether society is better for it depends on who you ask. So basically it's a circle.
- _acme 9y agoMost loans are private and not given by the federal government; subsidized loans from the government are actually very limited.