Harvard's Case Study for Problems in Broader Colleges and Universities

[IUCrazy2]

How would colleges face the downside of loans that could be discharged in BK? Schools don't loan the money out.

I agree, though, that it would make sense to tie incentives better between school and student. I worry, though, that it might lead to a lot of unintended, unforeseen consequences.

The incentive to decrease costs would be enforced by banks not being willing to give out $100k loans for philosophy degrees.

 

[Spartans9312]

How would colleges face the downside of loans that could be discharged in BK? Schools don't loan the money out.

I agree, though, that it would make sense to tie incentives better between school and student. I worry, though, that it might lead to a lot of unintended, unforeseen consequences.

We should probably go back and look at the cost of college and see when it started to significantly increase….then see if anything changed in the process that might have had an effect

 

[Cortez88]

We should probably go back and look at the cost of college and see when it started to significantly increase….then see if anything changed in the process that might have had an effect

My daughter is a freshman at IU now. She has a normal 2 person dorm room with bathrooms on the hall. Most all her friends have suites and apartment type dorms. It’s insane to me.

 

[Spartans9312]

My daughter is a freshman at IU now. She has a normal 2 person dorm room with bathrooms on the hall. Most all her friends have suites and apartment type dorms. It’s insane to me.

My son is a freshman with the same arrangement. The cost is out of control