That sounds like victim blaming, lol.
Comment on [deleted]
AdolfSchmitler@lemmy.world 20 hours ago
Basically the government guaranteed loans to college kids, saying you can’t be denied a loan. The idea was to allow anyone the means to better themselves through an education.
Then colleges realized they could raise prices to whatever they wanted and the loans would get approved. Remember you can’t deny someone a loan for college anymore, they don’t check if the prices are “reasonable”.
I’m sure there’s more nuance and other factors to it.
fodor@lemmy.zip 6 hours ago
jode@pawb.social 19 hours ago
Not just that but allowed entire industries to cash in on that. See: text book prices
musicalphysics@discuss.online 18 hours ago
Textbooks have more features than they used to, like online homework and the like. The online component makes it easier for companies to push new versions. Professors are overworked, and intro classes, where book prices/versions rule the most, are massive. The dept probably doesn’t have funds for a full TA so grading becomes a massive undertaking. It isn’t possible in many cases to manage lecture halls without the features from the textbook publisher. So what is a young faculty member likely to do? Pick a text from a major publisher. Generally speaking, faculty aren’t out to get you, they are trying to teach you.
musicalphysics@discuss.online 18 hours ago
State governments realized they could reduce their funding towards universities (or keep it fixed while it devalues due to inflation) and push the cost onto students. Administration has also exploded in numbers. Many get paid much more than faculty. Universities have also expanded services and features to make students want to come. Universities can’t raise prices higher than students are willing to pay. Note students are also not guaranteed to get federal loans plus there are limits. Private loans aren’t guaranteed either but have a variety of programs.
musicalphysics@discuss.online 18 hours ago
The guarantees for student loans actually go the other way - the guarantee is for the lender. Given the amounts people generally need for an education, along with a complete lack of income, students wouldn’t be able to get a loan of sufficient size without government stepping in as a backstop.
HeyThisIsntTheYMCA@lemmy.world 8 hours ago
Yup. The discharge terms on my student loans were ridiculous. You had to be pretty much dead. I’ve had other loans with much, much easier discharge terms.
alternategait@lemmy.world 15 hours ago
Universities are "adjunctifying many positions and adjunct professors are not paid well. Some faculty are homeless.
Benaaasaaas@group.lt 12 hours ago
Hey, let’s talk about real important people in the university, the american football coach