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The article didn't mention the fact that student loans are not discharged in a bankruptcy. There are far too many students who go to school, find out it's not
by jdeibele 15y ago
The article didn't mention the fact that student loans are not discharged in a bankruptcy. There are far too many students who go to school, find out it's not for them, but are stuck with students loans that must be paid.
There was an article on here a few months ago with a graph showing the growth of administration versus faculty in the University of California system. Starting from a low (5-10%) ratio of administrators:faculty it's now reached at least parity.
Imagine being able to buy a house where you don't have to pay for it until you move. And offering that only to 18-year-olds. What kind of purchase decisions do you think they'd make?