[bmhin]

The loan burden is on many people who do not complete their degrees. If a college's options are: enroll people in very low margin degrees, with likely comparable costs, or enroll people in the high margin (& high earning) degrees but with a success rate of ~75% year over year, the school makes way more money but only a third come out with the value add degree. The incentive there is to push people into the alluring high risk high reward field cause they make revenue regardless. Let in more people, allow for bigger class sizes, offer more classes, etc.

The happy path might be the same or better, but the sad path gets grimmer. All that said, the completion rate fiasco is it's whole own can of worms.