Tuition: what's wrong with this picture

[fishbones]

Originally Posted by RIROCKHOUND

My guess, is if you sum 10% of the ave graduates income over 20 years, it is pretty close to the loan amount...
Make 50K/yr - > 5k/yr = 100,000
Make 100k/yr -> 10k/yr = 200,000

I was thinking along the same lines, but then realized that there will be many students who graduate and make significantly less than that. Also, the rate of tuition will most likely continue to increase at a greater rate than entry level salaries. What's the problem with having students pay off their entire loan? My wife worked during college and saved up enough to pay off her entire tuition from Emerson (which was pretty expensive at the time) within a year of graduating. I don't see there being much motivation for paying off loans quickly if they know they won't have to pay the remaining balance after 20 years.