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Idea: make universities fund the loans. Then they have an incentive to monitor student progress and make sure the student graduates and has a reasonable plan t
by prirun 6y ago
Idea: make universities fund the loans. Then they have an incentive to monitor student progress and make sure the student graduates and has a reasonable plan to make money to pay back the loan. If they make a lot of bad loans, they'll need to fire some of their cushy Dean and Assistant Dean jobs.
- lacraig2 6y agoSlightly more radical idea: Universities get paid a percentage of your earnings for a set number of years after you get out. Forces them to care that you're prepared to get a job when you get out.