Lawyer Glut
The Shady Dealings of For-Profit Law Schools
show comments
  • FriendlyGoat

    We never should have allowed any federally-sponsored student loans to go to any for-profit institutions at all.

  • rheddles

    We should not have any federally-sponsored loans to minors.

    • Thirdsyphon

      Especially not for something like law school. Congress should eliminate both the Federal guarantees on these loans and the prohibition against discharging them in bankruptcy, and let the market make up its own mind about which applicants it makes sense to lend money to, and at what rates of interest. That reform alone would put an end to these abuses overnight.

      • rheddles

        And tether tuition.

      • f1b0nacc1

        Such a reform would simply put an end to the loans in any meaningful sense. After all, who in their right mind would loan $50,000 to an 18 year-old to take courses in Grievance Studies at Whatsamatta U?

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to and affiliated sites.