2 posts tagged “loans”
"A recent college graduate is suing her school because she has been unable to find a job.Trina Thompson, 27, graduated from Monroe College in the Bronx in April. She says she has not been able to find a suitable job since she graduated with a degree in information technology. As a result, Thompson is now suing to get back the $70,000 she spent on tuition."
I have documented previously that the value of a college education has decreased while tuition has soared. Students leave with huge debts that cannot be repaid with today's salaries. Besides that, why pay to learn only Keynesian economics or law that ignores the exact language of the US Constitution?
If other businesses offer a money back guarantee, why not colleges? It would force them to compete on their merits rather than on endowments. It would also bring about better transparency to their career placement numbers.
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