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Reply to "“Worst hiring environment for HBS students since 2009”"
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[quote=Anonymous][quote=Anonymous]The COA of HBS is so high BECAUSE students can take out as much in grad plus loans as they want up to the arbitrary limit HBS sets. HBS could say its COA is $200,000/year and the govt would say “okay” and still disburse the loans. Obviously, there needs to be a hard cap on grad plus loans (and parent plus loans) set by the government.[/quote] This is of course after Obama forbade private loans for u grad and grad students. So in low interest rate environment 2010: Good bye 1.5% Citibank student loans, Hello 6.8% fixed govt. student loans. I believe MBA staffers and grad plus loans are vastly paid off early, within 3-5 years on average. Not sure what lawyers or med students w loans do. But 6.8% interest rate was ridiculous the last ten years. Now things are different. Maybe Biden will increase it to 12%?[/quote]
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