Investment is great, but what about people?
Thursday, June 3rd, 2010
June 2, 2010
… making low tuition fees a cornerstone of post-secondary education policy would make it impossible to properly balance costs between individual students and the broader society… I think income-contingent loans, along the lines of what’s offered in Australia, are also well worth considering… The income contingent system has been criticized as being unduly costly for graduates who don’t make big salaries and therefore take a long time to repay. But this could be solved with something as simple as a cap on eventual repayment costs.
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