3 ms·
A vicious cycle: easy student loan money inflates the cost of tuition, making college less affordable and increasing the demand for easy loan money. Breaking t
by apo 8y ago
A vicious cycle: easy student loan money inflates the cost of tuition, making college less affordable and increasing the demand for easy loan money.
Breaking the cycle is as simple as it is counterintuitive. Abolish federal student loan guarantees and interest payment programs.
- downrightmike 8y agoThat or mandate tuition costs. Want federal money, you have to cap tuition and fees. The other thing to keep in mind is that universities have endowments that they could pull from, but the administrative bloat likes to keep raising costs and pushes tuition further.