I like this idea. It seems that university degrees are a dime-a-dozen these days, and are not necessary for most jobs, just a weed-out requirement.
If universities have to cosign, then they'll probably accept less students, be more stringent on kicking them out, and possibly reduce the bloat and rising tuition costs.
If less people get accepted into college, more will probably look at trade schools.
Universities will have to take a more active role in making sure their graduates get jobs, and that the loan payments (tuition cost) is low enough and an attractive enough option to be payable.
I like this idea. It seems that university degrees are a dime-a-dozen these days, and are not necessary for most jobs, just a weed-out requirement.
If universities have to cosign, then they'll probably accept less students, be more stringent on kicking them out, and possibly reduce the bloat and rising tuition costs.
If less people get accepted into college, more will probably look at trade schools.
Universities will have to take a more active role in making sure their graduates get jobs, and that the loan payments (tuition cost) is low enough and an attractive enough option to be payable.