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.
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if you college education doesn't get you a job, you can't take out education insurance to pay that'll pay off your student loans. the difference in these two scenarios is the heart of what makes student loans *normalized madness*
You'd be insane to buy a house at market price without an inspection contingency that ensures the home is habitable & in the condition described. But we've normalized this with education, and when the roof caves in we blame the kids we've screwed over for being lazy or unwise
