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You're told from the day you start school that if you don't go to college, you're not going to 'make it'. There aren't enough scholarships to go around. So pe
by empath75 8y ago
You're told from the day you start school that if you don't go to college, you're not going to 'make it'. There aren't enough scholarships to go around. So people will pay literally anything. And since they can't discharge the debt in bankruptcy, lenders will throw money at them.
- squirrelicus 8y agoLenders are also required by the feds to throw money at them. They don't have a choice. Cost of money went dramatically down, so tuition inflated something like 4x