When you are assured the dollars owned by the student, you have no incentive as the college owner to lower costs. When do you see coupons or % discounts off for college tuition? When you remove the guarantee of the students payment, then the colleges will be forced to lower the price as not everyone can offer the current price and he/she cannot obtain a guaranteed loan. So, what that person wrote will continue on unfortunately.
When you are assured the dollars owned by the student, you have no incentive as the college owner to lower costs. When do you see coupons or % discounts off for college tuition? When you remove the guarantee of the students payment, then the colleges will be forced to lower the price as not everyone can offer the current price and he/she cannot obtain a guaranteed loan. So, what that person wrote will continue on unfortunately.
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