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re: What you do not understand about college cost
Posted on 8/25/22 at 10:11 am to FreddieMac
Posted on 8/25/22 at 10:11 am to FreddieMac
quote:
My graphs are showing why the loans are so high
It is more of the chicken vs the egg, imo.
Did easy loans of any amount allow universities to increase fees? I think that is at least a large part of the equation.
If loans were capped, we would not have seen these huge increases in tuition. Instead, universities know students will just borrow and there is no consequence for the school if they never repay it.
I have been on about 80% of SEC campuses in the past 6 years. The amount of new construction and the hundreds of millions being spent by universities is greatly increasing their operating costs. It is unnecessary.
If we want to reign in costs, we start by capping how much the student can borrow. Universities would be forced to make changes to decrease expenses.
1
Posted on 8/25/22 at 3:42 pm to deathvalleytiger10
quote:
I have been on about 80% of SEC campuses in the past 6 years. The amount of new construction and the hundreds of millions being spent by universities is greatly increasing their operating costs. It is unnecessary.
If we want to reign in costs, we start by capping how much the student can borrow. Universities would be forced to make changes to decrease expenses.
They can have these nice things and do away with the bs and still have money to spare without raising costs.
Alabama hit a gold mine with nick saban. winning not only brings money to the school directly but it increased the amount of people wanting to go there. So the sec is on a diff level than other schools. LSU has had some of its largest incoming classes after winning a national title.
This post was edited on 8/25/22 at 3:43 pm
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