4 ms·
They need to be forced to limit a 4 year degree tuition costs to the average starting salary for people with the same degree graduating from their school. Alig
by snarf21 6y ago
They need to be forced to limit a 4 year degree tuition costs to the average starting salary for people with the same degree graduating from their school. Align the incentives for them to provide valuable degrees and they make more money. This will get rid of a lot of the waste (pointless administration and cruise ship level amenities). If you want government backed loan promises you have to play by their rules.
- leetcrew 6y agoI agree it would be prudent for the government to be more discerning with issuing loans (or imo not do it at all), but I don't think the schools themselves should be forced to do anything. most people already have access to perfectly good state universities that charge in-state students less than a year's wages at mcdonald's. I went to one of these and got a valuable education, minus the "cruise ship level amenities". if someone wants to blow $50k/year on a medieval lit degree at a mid-tier liberal arts college, that should be up to them, provided it is made clear that it's probably not a good financial decision.