ST Alpha - "I think there's a long way to go before the elite colleges would feel the pressure. there are more than enough rich kids and/or kids willing " (Reading a Post)

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In response to "I do feel that the student loan situation would be helped immensely by market pressure." by TFox

I think there's a long way to go before the elite colleges would feel the pressure. there are more than enough rich kids and/or kids willing

Posted by loosilu (aka loosilu2) Apr 4 '12, 07:40

to into debt to fill the seats at Harvard.

I hope it can happen, though. Maybe not at the top elite schools, but across the board at more normal schools.

Responses:

the elite colleges have billion dollar endowments. it's the other schools who depend on $20k+/year in federally-subsidized loans per student - pixitude Apr 4, 07:42
well right, there's a ton of schools that cost more than $30k a year that aren't Harvard. -- nm - TFox Apr 4, 07:41 1
- but which one is going to be first to admit it? -- nm - loosilu Apr 4, 07:42

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I think there's a long way to go before the elite colleges would feel the pressure. there are more than enough rich kids and/or kids willing

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