The student loan hustle is just a way for educational institutions to guarantee income and growth for tenured professors.
Like the legislators, they tout the ‘value of a college education’ to students who aren’t nearly qualified nor really interested in traditional higher education studies.
Many won’t ever finish and those who do will find they have no job skills for a glutted market of graduates in similar situations.
Most of the students who enroll in so-called ‘soft’ studies like English and Education will strangle their financial futures with unbelievable total loans that according to congress (at this time) have to be repaid or face forced debits of their bank accounts or IRS refunds.
And this doesn’t even consider the real hustlers of the student market—the for-profit companies that sell worthless instruction on car mechanics, airplane mechanics and lvn or secretarilal skills.
You mean the for profits that Romney fronted?
I do agree with your sentiments. It is ironic that our state schools charge more for engineering tuition than for liberal arts tuition. The reason given is the more expensive instruction (losing track of the dollars that the engineering school brings in from grants).
I do wonder if more teaching candidates follow the dollars instead of teaching where we will get our next generation of teachers from. No doubt we are trying to force their wages down.