- This topic has 105 replies, 13 voices, and was last updated 16 years, 8 months ago by
blue_sky.
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April 7, 2008 at 8:36 AM #12363April 7, 2008 at 9:47 AM #182129
bjensen
ParticipantI am currently considering law school, so this is very salient for me right now. I wonder if the free flow of credit extended to higher education, and if the ability to repay is hindered, if the credit market will eventually shrink. I guess the silver lining would be that universities would be forced to reduce tuition to bring it in line with local incomes as well!
April 7, 2008 at 9:47 AM #182137ParticipantI am currently considering law school, so this is very salient for me right now. I wonder if the free flow of credit extended to higher education, and if the ability to repay is hindered, if the credit market will eventually shrink. I guess the silver lining would be that universities would be forced to reduce tuition to bring it in line with local incomes as well!
April 7, 2008 at 9:47 AM #182170ParticipantI am currently considering law school, so this is very salient for me right now. I wonder if the free flow of credit extended to higher education, and if the ability to repay is hindered, if the credit market will eventually shrink. I guess the silver lining would be that universities would be forced to reduce tuition to bring it in line with local incomes as well!
April 7, 2008 at 9:47 AM #182173ParticipantI am currently considering law school, so this is very salient for me right now. I wonder if the free flow of credit extended to higher education, and if the ability to repay is hindered, if the credit market will eventually shrink. I guess the silver lining would be that universities would be forced to reduce tuition to bring it in line with local incomes as well!
April 7, 2008 at 9:47 AM #182181ParticipantI am currently considering law school, so this is very salient for me right now. I wonder if the free flow of credit extended to higher education, and if the ability to repay is hindered, if the credit market will eventually shrink. I guess the silver lining would be that universities would be forced to reduce tuition to bring it in line with local incomes as well!
April 7, 2008 at 9:47 AM #182134
CoronitaParticipantI think there are two issues you're talking about.
1. College loans availability. There are different kids of college loans, I think the ones you're speaking that is having issues are the ones that aren't of the fed guarantee type.
2. Issue with CA state funding and cutback at state schools. This was to be expected if you look at the state's budget. I'd expect less enrollment, increased tuitions and possibly reduction of non-essential labor at the universities in the future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
April 7, 2008 at 9:47 AM #182142CoronitaParticipantI think there are two issues you're talking about.
1. College loans availability. There are different kids of college loans, I think the ones you're speaking that is having issues are the ones that aren't of the fed guarantee type.
2. Issue with CA state funding and cutback at state schools. This was to be expected if you look at the state's budget. I'd expect less enrollment, increased tuitions and possibly reduction of non-essential labor at the universities in the future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
April 7, 2008 at 9:47 AM #182176CoronitaParticipantI think there are two issues you're talking about.
1. College loans availability. There are different kids of college loans, I think the ones you're speaking that is having issues are the ones that aren't of the fed guarantee type.
2. Issue with CA state funding and cutback at state schools. This was to be expected if you look at the state's budget. I'd expect less enrollment, increased tuitions and possibly reduction of non-essential labor at the universities in the future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
April 7, 2008 at 9:47 AM #182178CoronitaParticipantI think there are two issues you're talking about.
1. College loans availability. There are different kids of college loans, I think the ones you're speaking that is having issues are the ones that aren't of the fed guarantee type.
2. Issue with CA state funding and cutback at state schools. This was to be expected if you look at the state's budget. I'd expect less enrollment, increased tuitions and possibly reduction of non-essential labor at the universities in the future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
April 7, 2008 at 9:47 AM #182186CoronitaParticipantI think there are two issues you're talking about.
1. College loans availability. There are different kids of college loans, I think the ones you're speaking that is having issues are the ones that aren't of the fed guarantee type.
2. Issue with CA state funding and cutback at state schools. This was to be expected if you look at the state's budget. I'd expect less enrollment, increased tuitions and possibly reduction of non-essential labor at the universities in the future.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
April 7, 2008 at 9:58 AM #182152lostkitty
ParticipantFlu-
I’m talking about HSBC and M & T banks both pulling out of the federal student loan program.
I am really interested in predictions from piggies about this nationally, not just pertaining to CA.
i brought the question up two times recently at dinner parties and everyone looked at me like I had two heads. It felt eerily familiar… like when I used to bring up the idea that housing would implode.
Piggies are the smartest group I know… Give your thoughts!
April 7, 2008 at 9:58 AM #182164ParticipantFlu-
I’m talking about HSBC and M & T banks both pulling out of the federal student loan program.
I am really interested in predictions from piggies about this nationally, not just pertaining to CA.
i brought the question up two times recently at dinner parties and everyone looked at me like I had two heads. It felt eerily familiar… like when I used to bring up the idea that housing would implode.
Piggies are the smartest group I know… Give your thoughts!
April 7, 2008 at 9:58 AM #182195ParticipantFlu-
I’m talking about HSBC and M & T banks both pulling out of the federal student loan program.
I am really interested in predictions from piggies about this nationally, not just pertaining to CA.
i brought the question up two times recently at dinner parties and everyone looked at me like I had two heads. It felt eerily familiar… like when I used to bring up the idea that housing would implode.
Piggies are the smartest group I know… Give your thoughts!
April 7, 2008 at 9:58 AM #182198ParticipantFlu-
I’m talking about HSBC and M & T banks both pulling out of the federal student loan program.
I am really interested in predictions from piggies about this nationally, not just pertaining to CA.
i brought the question up two times recently at dinner parties and everyone looked at me like I had two heads. It felt eerily familiar… like when I used to bring up the idea that housing would implode.
Piggies are the smartest group I know… Give your thoughts!
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