Tom McClellan calls for college appraisals before approving massive debt loads, pushes audits linking tuition to graduate paychecks…
Student loans should be like mortgages. You cannot get a loan for $1.5 million to buy a house that is only worth $400k. A college degree is an asset, which should be able to be valued. There should be an “appraisal” of the specific university and academic major before loan approval, and perhaps with annual …