yeah…darn MSN does that.
Here’s a link from NPR. Colleges will not only need to try to estimate future earnings for every degree, vs the size of the loan to pay for it, but, because better paying degrees are also harder to earn, they need to estimate the probabilities of students giving up on a high pay degree, before graduation.
# Consequences for colleges whose students carry mountains of debt?
The Congressional Budget Office estimates that, if enacted, the full risk-sharing proposal would save the government more than $6 billion over the next decade.
https://www.npr.org/2025/06/12/nx-s1-5428077/student-loans-republicans-reconciliation-college
That $6B of “savings” is the point. By backcharging universities, instead of making good on the loan guarantee, the government can then use that $6B for another “JC” tax cut.
Stevet