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re: The student loan industrial complex

Posted on 8/17/23 at 1:36 pm to
Posted by HonoraryCoonass
Member since Jan 2005
18175 posts
Posted on 8/17/23 at 1:36 pm to
The people who really should be in the student loan business are the colleges and universities, themselves. They all have endowments worth hundreds of millions, up to tens of billions. Let them be the ones to stick their necks out for marginal students, and majors that aren’t worth the tuitions invested.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37309 posts
Posted on 8/17/23 at 2:31 pm to
quote:

They all have endowments worth hundreds of millions, up to tens of billions. Let them be the ones to stick their necks out for marginal students, and majors that aren’t worth the tuitions invested.


There are absolutely some colleges like this, but many don't have these levels of endowments.
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