20 sats \ 9 replies \ @Undisciplined OP 26 Jul \ parent \ on: Student loans are the 'fudge factor' that allows institutional profiteering econ
It depends on the institution, but at open enrollment universities and community colleges it can be really alarming.
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I agree, but that's a different issue. At time of admission, schools have a very good idea of a student's odds of completing a degree. They wildly mislead low probability students about those odds and then encourage them to take on as much financial aid as possible.
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That’s pretty much the norm
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It’s been a while since I checked these numbers, but only a little over 1/3 of students graduate.
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Exactly