I blame the lenders as well but I get there differently.
With or without the threat of lendee bankruptcy, it isn’t in the interests of lenders to negotiate lower tuition. This doesn’t happen with houses. It’d never happen with tuition.
Instead this is just free money for the banks. Since it guaranteed they risk nothing.
Your no skin in the game is their lack of risk. I blame the lenders because they lobbied for this gift.
With or without the threat of lendee bankruptcy, it isn’t in the interests of lenders to negotiate lower tuition. This doesn’t happen with houses. It’d never happen with tuition.
Instead this is just free money for the banks. Since it guaranteed they risk nothing.
Your no skin in the game is their lack of risk. I blame the lenders because they lobbied for this gift.