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I think the article is pointing towards USC-specific predatory behavior for social-worker degrees. >> In increasing enrollment in its social-work program, USC

I think the article is pointing towards USC-specific predatory behavior for social-worker degrees. >> In increasing enrollment in its social-work program, USC benefited from federal loan dollars: Graduates from 2015 through 2018 collectively borrowed more than half a billion dollars in federal student loans, more than those at any other graduate program in the country, the Journal found. USC had an endowment of $5.9 billion last year, making it one of the 20 wealthiest private schools in the country.

morelandjs 5y ago
Set the government student loan ceiling according to the university and degree program. One way to do this would be to peg it to the median earnings of recent grads (determined via tax reporting). Want to pursue a pre-medical degree at USC? Great! The government will loan you up to some large amount. Want to pursue a humanitarian degree at XYZ tech online? Great! The government will loan you a small amount. Remove the externality on society.