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Cost will drastically fall. Right now colleges can charge whatever they want and students will happy sign up not comprehending they have to pay back loans. It’
by treeman79 5y ago
Cost will drastically fall.
Right now colleges can charge whatever they want and students will happy sign up not comprehending they have to pay back loans. It’s a complete gravy train.
No one in their right mind will give a loan to a student that isn’t going for a high income degree. Doctor/engineer Etc. Even these will be harder to get.
So colleges won’t be able to charge 50k a semester since few can afford that.