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Yes of course these are flat out subsidies to universities.
So losses will exceed the entirety of all endowments combined?
seems like they're abooooooout even which makes me think there's a deal to be forced down university craws
Sometimes I wonder why there big universities don’t run their own loan program and then I remeber form a risk assessment point of view they would never accept any of their students
They kind of do, but it's outright grants, not loans. Ivy Leagues all do grant-only aid now and don't use the federal loans anymore.
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