Want to rock the higher education space? Pass a law that says you are no longer eligible for federally subsidized loans if x% of students default on their loans. Pick a very generous x; let’s say 50%. Thousands of colleges go bankrupt overnight.
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Probably true but that likely wouldn't be accurate. From what I've seen data shows post-secondary edu is correlated with higher lifetime earnings. Granted, there is a deep debate on causation vs signalling. Of course the devil is in the details, more transparency would be good
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On 2 - I'd point out that lending institutions and broader society aren't always aligned on their definition of success.
End of conversation
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