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Comment by bmcusick

Not that loan-free educations are bad, but why is Brown raising $120M from alumni and the like, rather than lowering their tuition by $120M?

The student loan crisis is only a crisis because Universities (lead by the Ivy League and similarly elite private colleges) are charging exorbitant prices for tuition, room, and board.

This isn't charity or benevolent. This is just bilking a different class of people.

Efforts to reduce the cost of tuition, rather than shift the cost burden to different people, are the real humanitarian work here.

Here's a story from 2013 on Texas's efforts to create $10,000 Bachelor's degrees. https://www.texastribune.org/2013/01/30/guide-getting-one-te...

parent bmcusick 9 years ago

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