For-profit universities in the United States have to abide by the 90/10 rule: only 90% of tuition $ can come from federal student loans, the other 10% have to come from other sources. Want to rock the education space and drive tuition down? Make it an 80/20 rule. Or 75/25 rule.
It's not per student, it's of overall student body. What % of students are using federal funding vs their own funds
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Yeah I understand that but my point was to provide an example. Remember these are not elite schools that attract high income students or students with parental financial support. The math still works the same and it drives up the tuition rate.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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