Every time Federal Loans are increased to keep up with the price of tuition, colleges and universities just raise their tuition. Some of the colleges and universities accept students they know have little chance of graduating just to get the money. Some of them also don't really care about educating undergraduates and so put about as much effort into their education as a community college does.
Federally guaranteed student loans are the primary reason why the cost of tuition has skyrocketed since the 1970's. It's also one of the reasons why the quality of education at the colleges and universities is diminishing. It's just to get a bunch of undergraduates enrolled. Beyond that, the colleges and universities don't really care.
Every time Federal Loans are increased to keep up with the price of tuition, colleges and universities just raise their tuition. Some of the colleges and universities accept students they know have little chance of graduating just to get the money. Some of them also don't really care about educating undergraduates and so put about as much effort into their education as a community college does.
Federally guaranteed student loans are the primary reason why the cost of tuition has skyrocketed since the 1970's. It's also one of the reasons why the quality of education at the colleges and universities is diminishing. It's just to get a bunch of undergraduates enrolled. Beyond that, the colleges and universities don't really care.