Wait, what? This makes no sense. If you want to bring down tuition costs, _stop flooding the market with credit_: http://www.theguardian.com/world/2013/aug/22/obama-new-college-ranking-system-student-debt …
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Replying to @cmuratori
@cmuratori that won't immediately lower tuition - and until it does only children of the rich will be able to get a degree.2 replies 0 retweets 0 likes -
Replying to @renderwonk
@renderwonk But that doesn't make any sense. With the credit flood, the non-rich will simply end up with a lifetime of debt.3 replies 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori I agree status quo is fucked up. But cutting off credit w/o addressing other causes would (at least in short term) make it worse.1 reply 0 retweets 0 likes
Replying to @renderwonk
@renderwonk I be delighted if they would also take other measures. But cutting off credit is a _must_ for the long term.
1:11 PM - 22 Aug 2013
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