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Joined 1 year ago
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Cake day: June 14th, 2023

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  • Chicken and egg. The tuitions have been able to reach the insane heights due to the ready availability of these loans.

    It was a lot harder to get loans thirty years ago. Almost on par with the criteria for any other personal loan. A four year CompSci degree that could be had for under $25K, in total, opened the door to a $45K to $60K entry level position for a typical graduate.

    Availability of loans broke wide open, under the guise of providing opportunity, and now the same degree costs 5-10x with yet the typical entry level salary remains more or less the same, give or take a few inflation points.














  • You’re missing the forest through the trees if your take is that anyone is directly comparing the severity of these two issues. The point is that any instance owner that doesn’t have the proper framework in place to mount a legal argument or defense is in a highly vulnerable position regardless of the content.

    Being in the right doesn’t matter if you can’t afford the price tag associated with proving it. Just responding to a subpoena or a lawsuit has a non-zero cost associated with it.