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by Rebelgecko 1650 days ago
Theres a strong correlation between the cost of a house and mortgage interest rates (which makes sense- most people set their budget based on a monthly payment, not on an overall purchase price). I wouldn't be surprised if there was a similar correlation for tuition costs (which have blown up over the last few decades)
1 comments

From what I understand, in the US it's much easier to walk away from a mortgage (with an underlying asset to reclaim) than student loans. I'm under the impression that this (and government default guarantees) makes lenders more willing to lend money. I'm curious if tuition would have risen as much if lenders were less willing to lend money due to structural changes (e.g. actually being able to lose money).