Monday, November 14, 2011

And the next bubble is...

22% tuition cut at University of Charlestown. It seems as if almost over night people are realizing that there is no way an education can be a deal at the price of tuition. The government needs to get out of the way before the numbers go up anymore. A student should be able to get rid of their loans if they file bankruptcy. The government would be forced (if they had any brains or care about money they waste) to make better and less loans - therefore less people could afford the crazy prices and tuition drops. It really is that simple. No private company would give loans for those amounts without serious research (grades, major, previous class results, etc...) The ROI is not there for the vast majority of the loans.

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