Hypothetically, if the economy was to crash to go into a Second Great Depression, what would happen to the distribution of student loans in a credit tight system? Would they go to the best/economically disadvantaged students first? How would it work?
Maybe the Institutions of Higher Learning would finally come to their financial senses and lower their tuition fees for lack of a student body?
February 21st, 2009 at 1:27 am
It is hard to tell but probably to the best students in certain studies like medicine etc., that has a shortage of qualified people.
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A guess, no one knows for sure
February 21st, 2009 at 2:02 am
Maybe the Institutions of Higher Learning would finally come to their financial senses and lower their tuition fees for lack of a student body?
References :