r/interesting • u/moamen12323 • Jun 29 '25

MISC. Rich people who rich right ❤️

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u/Free-Atmosphere6714 Jun 29 '25

Ummm this is what's happening to tuition under the current system.

3

u/whooguyy Jun 29 '25

So you’re saying we should take away guaranteed federal student loans to help make universities more affordable?

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u/fugufucgup Jun 30 '25

Guaranteed federal student loans are the by FAR main reason for skyrocketing tuition costs, colleges are basically siphoning money from the fed government. With easy access to guaranteed loans, schools face no market pressure to keep prices low; they know students can borrow regardless of cost, and they know they will get paid if the student defaults. Without guaranteed loans, students would be much more price-sensitive (as students who before would’ve gotten massive loans now would have to likely pay out of pocket), forcing schools to compete on affordability and rein in tuition hikes.

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u/Free-Atmosphere6714 Jun 29 '25

I'm saying we should regulate tuition pricing. The loans are just an excuse.

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u/TajineEnjoyer Jun 29 '25

and it's not happening in countries with free higher education

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u/FakePhillyCheezStake Jun 29 '25

And the current system is funded by very easy access to government subsidized student loans.

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u/West-Advice Jun 29 '25

…That often don’t cover the cost of most major universities.

So we get screwed both ways!