Reply to As schools near $100K/year when will that affect the pool of students?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just read on another post that someone is paying $95K/year for USC. 
Several kids from my kids' schools are starting there this fall.
 
I know most on DCUM can pony up $400K for 4 years but how many people like this are really out there?
I also know these schools have 40% (or whatnot) that pay $0/year. 
[b]At what point will the price of some of these schools begin to effect the size of their applicant pool?[/b]
Either because people don't have the cash or say "that is insane--screw it". [/quote]

When you’re no longer allowed to take out Parent Plus Loans up to the cost of attendance. NYU & USC graduates are #1 for PPL debt.[/quote]

Or how about when the schools are on the hook when people default on loans? At the moment, the schools risk nothing when they jack up costs.[/quote]

What?  Why would schools be "on the hook when people default on loans?"  Schools do NOT take the loans.  Plenty of people go to these schools withOUT PPL.  
If parents are dumb enough to take PPL, then they need to deal with the repayment.  Nobody is forcing you to do this.  There are literally hundreds of schools you can attend that will be affordable and not require more than regular student loans that max out at 27K for 4 years[/quote]

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