Monthly Archives: December 2012

A Bad Mix: Complexity, For-Profit Schools and College Decisions

Almost 3000 four-year colleges are spread across the United States. Half are private non-profit schools and a quarter are public.¬† For the first time, in 2011-2012, there were more private for-profit college than public colleges.[1]¬†Young people face the daunting task … Continue reading

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Are Students the Weaker Party in Loan Contracts?

Not all bargains are struck between parties with equal bargaining power; sometimes one party is far stronger because of greater knowledge and experience or because of the particular situation of the weaker party. If a vessel is sinking, the only … Continue reading

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Debt Aversion Among Students: Does It Exist and Is It Important?

Would the prospect of having to borrow to go to university dissuade someone from enrolling in an academic program that was attractive to them and that held the promise of earnings that were enough to repay the loan? That is, … Continue reading

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