Education got a rude awakening when they entered the Shark Tank with Mark Cuban.
No, there wasn’t an investment made or a pitch accepted. Rather, based on this Yahoo Finance Article, quite the opposite. He thinks the current “business as usual” view stinks.
The article goes on to say, “The best way to fix the student loan bubble is to limit the allotted amount of loans each student is allowed to receive each year to no more than $10,000.” Cuban says, “a cap on student debt would force universities to lower tuition and curb spending.”
Hot dang! Guess what we are trying to do here at EDUsquared? Reduce loans and increase salaries. Don’t be surprised if you see us knocking on Mr. Cuban’s door in the near future. He does just live down the street for this Dallas based start-up.