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Harvard, Private Equity and the Education Bubble
- ShabbyDoo 18y agoThis article wasn't about the education bubble as I think of it -- it mentioned nothing of the questionable value proposition higher education provides to students. Perhaps a reduction in endowment values will force the universities to either (1) increase effective* prices even further or (2) cut back on the package they sell to students. A government cut-back in student loan guarantees would further precipitate market collapse. * "effective" was chosen to encompass the notion of list price vs. street price (list minus university-provided scholarships).
- lutorm 18y agoI thought the plan was to make student loans more available, if anything?