I just had a brilliant idea for solving all higher-ed woes in one shot: index interest rates on student loans to job prospects in that major
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Which group would face the higher rates? Those who are likely to be able to afford it, or those who likely cannot?
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@iddqkfa those who want to pursue more self-indulgent majors on taxpayer dime. Nothing to do with wealth.
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Your idea makes more sense to me after seeing how high default rates are: 20% on Federal Stafford Loans. edcentral.org/edcyclopedia/f
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@iddqkfa good luck implementing. What if I moved schools? Changed majors? To say nothing of demo tendencies for majors = racism lawsuit
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@iddqkfa All solvable. What's not solvable is political will


