[burntwater]

Just thinking through everything this implies. Would it be safe to assume this means some people if not entire departments will be laid off? Not as much need for financial aid, bursar's office, etc.

Overall it's a great thing, a more lean administration and better efficiency, but it's a small peek into what would happen if the U.S. ever gets single-payer healthcare (as I fully hope we do).

On a different note, if things like this became more common, with fewer new doctors having massive debt, that would pull down salaries and medical bills. How you view that depends on if you're a doctor or a patient.

[ryandrake]

They may do something to keep all the bureaucracy around, like structure things so they take money from one of their pockets and put it in the other, such that a staff is still needed to fill out paperwork and move money from one ledger to another. They might keep student loan administrators around to "loan" the students money, paid off by the endowment, securing the jobs of all the people doing all the overhead.

[cqqxo4zV46cp]

How one views that isn’t completely influenced by which ‘side’ you’re on. Plenty of people are capable of not being completely selfish.

[molave]

It'll be similar to how horse drivers reacted when cars became popular, or painters with the advent of the camera.