2min chapter

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Student Loans: The Fund-Eating Dragon

Throughline

CHAPTER

College Enrolment Shot Up in the 19 Eighties

During the 19 eighties, tuition would outpace inflation. At private schools, it rose an average of 100 forty five per cent. Some private lages near 20 thousand dollars per year. Meanwhile, sally may was raking in the cash. By 19 83, its shares were being sold in the stock market, and it was worth nearly seven billion dollars.

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