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Schools have all the info and yet they still are more than happy to sign kids into mountains of debt. Nothing would have lowered tuition because it doesn't take
by downrightmike 7y ago
Schools have all the info and yet they still are more than happy to sign kids into mountains of debt. Nothing would have lowered tuition because it doesn't take all of the money brought in to school the kids, most of the money is going into growing the school's endowment and to maintain their status as a charity so they don't pay taxes. So 58% of kids MUST take some form of aide or charity. And as society has plummeted, more kids are pushed into Uni and therefore tuition MUST be raised to keep the charity status.
https://www.conradbastable.com/essays/the-uncharity-of-college-the-big-business-nobody-understands https://www.conradbastable.com/essays/the-uncharity-of-colle...