There are too many perverse incentives in the system; the incentives need to be realigned. The amount of money coming from students incentivizes a university t

There are too many perverse incentives in the system; the incentives need to be realigned. The amount of money coming from students incentivizes a university to provide worse education to more students. Easy loan money discourages discernment all along the pipeline--at universities, lenders, students, parents...