I am wondering something, when you compare the cost of going to a for-profit school ie: SMU without federal student loans it seems to be a lot cheaper than a for-profit school with the garuanteed loans ie Ross, SGU, AUC.

The big 3 seem to have a cost structure that uses the maximum student loans as there price floor. Then they add on additional cost that way out cost compairable models that don't have federally backed student loans, or even on more developed islands (Ross in Dominica) vs. (SMU in the Caymans). Its only natural assume that with out the student loans the pricing structure would re-adjust (the school would lower it tuition cost).

The students aren't really potential loosers here its the investors.