Quote:
Originally Posted by red-beard
I've always wondered why there is no analysis of what you are studying in college, how much you are borrowing and expected income afterwords, along with periodic review of grades.
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There shouldn't be student loans for any course of study that doesn't have a good chance of producing an earner capable of repaying the loan. The reason tuitions have skyrocketed is because so few people pay with their own money. When I was 18, I had no idea what $50k worth of debt was. Those were just imaginary numbers to me. I have a lot of universities as clients and it's amazing how many of them want to market to foreign students because they all pay full tuition and without loans.