Originally Posted by
pilotwithnoname
Actually the government insuring the loans to students insures that the college will get whatever payment they ask for. Don't federally back the loans, no one could get one and tuition would have to drop.
Thats one clear case where federally guaranteed loans are causing a huge problem. Before these loans where guaranteed, kids where still going to college it was just a lot cheaper.
Now regional pay? Yeah I don't know about that.