npub1m0…lphck on Nostr: There are three parties to a student loan: the student, the lender—meaning the ...
There are three parties to a student loan: the student, the lender—meaning the federal government because we use a government-as-lender system—and the college...
But while both the student and the government are hurt by such loans, the college benefits because they get paid up front and they get to keep all the money. This misalignment of incentives, in which colleges can benefit from loans that leave the student and the government worse off
mindingthecampus dot org
https://www.mindingthecampus.org/2024/12/05/dont-let-colleges-keep-ducking-accountability-on-student-loans/
But while both the student and the government are hurt by such loans, the college benefits because they get paid up front and they get to keep all the money. This misalignment of incentives, in which colleges can benefit from loans that leave the student and the government worse off
mindingthecampus dot org
https://www.mindingthecampus.org/2024/12/05/dont-let-colleges-keep-ducking-accountability-on-student-loans/