[quote=Myriad][quote=scaredyclassic]
Make tuition require the same disclosures as security prospectuses.[/quote]
Sounds great, but I’m assuming 99% of the people wouldn’t read them, just like prospectuses for investments. LOL[/quote]
it’s not necessary for all investors to read the prospectus, since information disclosed is incorporated into the price…. if you belie ve in an efficient market, and i think we all do, as that is our collective religion, then having the information mandated publicly available means it will be incorproated into all of our decisionmaking through the power of markets.
disclose endowments, salaries, all expenses…disclose all admissions standards.
disclose employment outcomes.
disclose financing ramifications and all borrowers repayment status, including late payments.
