Jacques Steinberg at the NY Times brings us news that Williams college is bringing back the student loan. For a few years the place tried to follow in the path of Princeton and offer pure grants, but more fiscally tough minds are now in charge.
While I understand the temptation to squeeze the new graduates and get them to pay into the honey pot, I think this is just taking advantage of their position. The stock market bounced back. The campuses are already nice enough. This is a way to make sure that they can create fat jobs for their buddies.
Related posts:
- New “Doctor Nurses” Squeeze “Doctor Doctors”
- Greed is destroying the heart of the university– Part Deux
- Private loans disappearing
- China’s College Bubble Goes Ker-Pop
- The story about debt is getting around
If you liked my post, feel free to subscribe to my rss feeds
BlogoSquare