On Tue, 27 Aug 2019 09:35:21 -0400, Ed Pawlowski wrote:

On 8/27/2019 8:32 AM, Bill wrote:
An idea I had concerning* Student Loans:

Pretty simple really, wonder why I haven't heard of it before...
A lot of big universities have very large financial endowments that they
are pretty proud of.* Why not primarily provide student loans by
requiring students to take out loans mostly sourced by the endowments of
the institutions where they attend.

I'm fairly certain you would see things "tighten up" all over. There
would be a serious concern over student success and "good" choices of
majors. Many majors would probably disappear over night.

What do you think?

Bill

Before you implement that, lets answer another question. Why is the
cost of education so high? The same people that complain about
corporate profits never ask about tuition costs or salaries of staff.

Also, should all these kids be in college? Too many end up in jobs that
can be done by a high school graduate but they are paying for a liberal
arts degree they will never use.
When there are 10 bodies lined up for that entry-level job, the one
WITH the degree has a better chance than the one without.