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There are a lot of people blaming federal loans for the inflation in college costs, however, private secondary school (high school) tuition has also grown at a

There are a lot of people blaming federal loans for the inflation in college costs, however, private secondary school (high school) tuition has also grown at a comparable rate (maybe even faster). There are not, to my knowledge, federal loans for private secondary schools. Does anyone have an explanation for this? Edit: clarified that private secondary school = private high school. Of course federal student loans are available for accredited private colleges/universities. Not sure the reliability of this source but the trend is there across sources: [0] https://educationdata.org/average-cost-of-private-school https://educationdata.org/average-cost-of-private-school

jackson1442 5y ago
There do appear to be federal loans for private schools- Baylor is a private school in Texas, here’s their site on loans: https://www.baylor.edu/sfs/index.php?id=963417 https://www.baylor.edu/sfs/index.php?id=963417
- dpierce9 5y ago
  Baylor is not a secondary school. Secondary school = high school.
zactato 5y ago
When I was in school the loans were called stafford loans: https://en.wikipedia.org/wiki/Stafford_Loan https://en.wikipedia.org/wiki/Stafford_Loan I guess they've since changed to https://en.wikipedia.org/wiki/Federal_Direct_Student_Loan_Program https://en.wikipedia.org/wiki/Federal_Direct_Student_Loan_Pr... They are very much for private schools. There's no real limit on them. They tend to cover the difference between what a family can pay and what the tuition is. They're generally low interest and you don't need to start paying them back until you're done with school. Since the loans always cover the difference the impact of tuition costs going up isn't immediately felt
- dpierce9 5y ago
  These are for college, not high school. Private high school costs have gone up as fast or faster than college. This cannot be explained by the availability of federal loans.

jackson1442 5y ago

There do appear to be federal loans for private schools- Baylor is a private school in Texas, here’s their site on loans: https://www.baylor.edu/sfs/index.php?id=963417 https://www.baylor.edu/sfs/index.php?id=963417

dpierce9 5y ago
Baylor is not a secondary school. Secondary school = high school.

zactato 5y ago

When I was in school the loans were called stafford loans: https://en.wikipedia.org/wiki/Stafford_Loan https://en.wikipedia.org/wiki/Stafford_Loan I guess they've since changed to https://en.wikipedia.org/wiki/Federal_Direct_Student_Loan_Program https://en.wikipedia.org/wiki/Federal_Direct_Student_Loan_Pr... They are very much for private schools. There's no real limit on them. They tend to cover the difference between what a family can pay and what the tuition is. They're generally low interest and you don't need to start paying them back until you're done with school. Since the loans always cover the difference the impact of tuition costs going up isn't immediately felt

dpierce9 5y ago
These are for college, not high school. Private high school costs have gone up as fast or faster than college. This cannot be explained by the availability of federal loans.