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June 5th, 2012, 13:55
In the end, it will be that rich people will profit from that, because rich people will rather be able to give their kids the needed money.

The result is simple : Poorer people who will most likely never be able to pay this money back will practically very unlekely be able to study.

And because rich people = "elites", at least in our "western" society, this means that the binding of university with money this way means that only elites will effecttively be able to study.

"Those who have will be given [even more]", as a German proverb goes.

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction. (E.F.Schumacher, Economist, Source)
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Join Date: Nov 2006
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