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It's a strange positive feedback cycle where student loans make universities more affordable, which increases demand, which enables universities to admit more s
by musicale 4y ago
It's a strange positive feedback cycle where student loans make universities more affordable, which increases demand, which enables universities to admit more students and then to raise tuition when they can't admit any more students.
- egberts1 4y agoNah, it actually made for many a very bloated college administration. What's all the overhead is for if professors are being paid poorly.
- viridian 4y agoThe professors the university cares about will get their just pay. I know of a professor who makes well in excess of a million USD yearly, and I've also known adjuncts getting paid 30-something thousand a year. The ironic thing is that the former professor is an ex-CEO who had tens of millions before he ever taught a class. "For whoever has, to him shall be given..."
- HyperSane 4y agoWe should cap annual tuition.