Universities should be co-sponsors for the loans. If their endowments were pledged as collateral for the loans, they would be motivated to help their alumni find work to pay off the loans. As it is now, the universities reap the benefit of the debt without the responsibility of repayment.
Universities should be co-sponsors for the loans. If their endowments were pledged as collateral for the loans, they would be motivated to help their alumni find work to pay off the loans. As it is now, the universities reap the benefit of the debt without the responsibility of repayment.