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A common argument is that easy access to guaranteed, government-backed student loans is responsible for rising tuition costs. In other words, a persons ability
by elmuchoprez 14y ago
A common argument is that easy access to guaranteed, government-backed student loans is responsible for rising tuition costs. In other words, a persons ability to attend college is no longer directly linked to their financial ability to pay for it (up front), so why wouldn't the schools just keep raising tuition? The only stopgap in this situation is how deep a debt hole the borrow is willing to dig, and we've seen again and again that without some sort of push back, lots of people are perfectly willing to keep digging.