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Making Schools Accountable for Bad Loans May Pay Off

Emil Photo Again Edited 61b7dabb61239

When a certain college that already costs in excess of $60,000 a year announced a tuition increase of $10,000 for next year, that was the last straw — at least for my family.

Higher ed doesn’t have to mean higher debt loads.

My student is now transferring to what is considered the best junior college in my home state.

These days a good junior college is like the Costco of higher ed.

The total cost of the upcoming school year? It’s a fraction of the cost at the big-city college.

Before spurning the big-city debt enabler, the school had suggested my family take out yet another large loan.

Of course. Isn’t debt always the answer?

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