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Make the college take a 10% stake in any loan taken out to attend that school. The colleges would be a lot more selective about who they let in (hint: not ever
by bluedevil2k 8y ago
Make the college take a 10% stake in any loan taken out to attend that school. The colleges would be a lot more selective about who they let in (hint: not everyone) and what their students' majors were.
- paulclinger 8y agoI like this idea; make it: "take last 10% stake in any loan", so they get their money back only after everything else is paid off.
- jrs95 8y agoMaybe that would work if colleges were publicly traded or something, but otherwise I think internal politics and ideological motivations are probably too strong for this to actually work.
- brlewis 8y agoIt won't work regardless. They'll just raise tuition by the amount they expect to lose.