Tag Archives: education loans

[unable to retrieve full-text content]I’m seeing people attacking universities, particularly private universities, for accumulating large endowments while allowing their graduates to accrue education loans that saddle them with debt for years or decades and cannot normally be discharged by bankruptcy. Why aren’t these universities the lenders? Setting aside the question of whether it is in the national interest to […] The post The business model of modern universities...

My parents died as paupers, so there wasn’t anything for me and my four siblings to “inherit” upon their deaths. No matter. I figure I got my inheritance on the front end, because my folks paid for my college education: tuition, room and board. Even correcting for inflation, tuition* at the University of Tennessee was cheap: ca. $160/quarter for a full load. I was fortunate that my parents had the money; even though I also carried a work-study job...